8 lot size for a single day is much more risky. Do not take this huge risk as a novice trader. However the information you wanted to know requires which pair you trade. The capital size may vary from pair to pair.
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if you want to set 8 lot for your trading it means that 1 point = 80 usd and if you need 1000 points for your margin and then you have to prepare the capital at least 80.000 usd...well my friend this is a big capital for trading and you only need make 2 orders every day will get much profit..
as you are a beginner better you start with small lots like .01 and .02.once you got knowledge you can tade with 2 lot to 4 lot.even after 4 years you may trade with 8 lots this is my suggestion.
thank you for posting. I would like to share my opinion. Firstly you should learn about money management, 8 lots is a big order and if you want to trade this, you must have so much money. when the price go up 10 pips, you will win 800 usd, therefore m advise is trade for small pips and take out the money when you success.
how much minimum investment to trade with 8 lots? i m beginner , i know it only for my information . please give your opinions also.What is the minimum amount you can invest in the Stock market? ... The percentage or proportion of ownership depends on how many of the company's share one owns. .... Currently, there are eight (8) warrants listed at the PSE. ... The trading floor is the place where member-brokers trade daily. .... Table 1. Board Lot Table ...How Many Shares Should a Beginner Buy in Stocks? ... Here's a list of online brokers with low minimum deposit requirements and discount trade commissions: ... Minimum Opening Investment $1000.00 .... Stocks are a lot like sex in high school: Everyone pretends to know everything, few actually know anything, and ...
I think that will be according to the strategy that you will use but for me i think min for
8$ lot is 8000$
1$ lot is 1000$
0.1$ lot 100$
0.01$ lot 10$
0.01$lot 1$ hehehe
Archetypical of all what is the penury to swap with specified a utmost lot orders? instead we should opt the lot filler according to the money visible with us for promotion else we instrument end up in adoption money from separate sources which is not at all operative for the newbies in this field, that too in the opening.