ja ap ka account ka balance ka account pa depend karta hain agar acha balance hin to ap 1 dollar ki lots use kar sakte ho ja best hain but agar balance acha nahi hain to cent main trade karna theak rahe gaya
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ja ap ka account ka balance ka account pa depend karta hain agar acha balance hin to ap 1 dollar ki lots use kar sakte ho ja best hain but agar balance acha nahi hain to cent main trade karna theak rahe gaya
if we are successful in forex trading then surely we will have a successful and easy life because money surely makes ones life easy in a great deal. But getting successful in forex trading takes so much doing and hardwork. forex success is totally different from others because in forex money is involved. If we are able to success from forex trade then we will make huge money & for success in life money is essential. So I think it is right that success in forex means success in life.Quote:
Originally Posted by gm87
In the start we should to use 0.01 lot and try to use this value of the lot, because we should to remember always that market is dangers and volatile so if one position is gone on the opposite side then we can take another position and try to safe the equity from the big loss..
There are values e.g. micro, mini and standard lots. If your equity is giving you an option to buy/sell standard then trade in it because any standard lot will give the maximum profit but loss chances are also bigger in standard lot. Use micro and mini lots when your equity does not give you chance for standards lots.
it is depends on the capital every rader have different capital and equity so i think the lot size used is various and i think if you have balance 1000$ you can trade safe with 1 lot and i think it is good
well ti depend on your investment if your investment is big then its another value and if you investment is small then is another value. well normally we use 5% to 10% margin on cash. But normally we use 3 to 5% which is good.
determining the lot size you will be using with your forex trading account has a lot to do with your trading capital, then secondly your own trading skill also has something to do with it because you will need to be satisfied with yourself that you are ready to be risking this amount of money in the forex market on a single trade and that is very important and once you have come to a reasonable conclusion then you are good to decide.
yes In any business , hard work is very much required, without that in any business you will not get success.You need to aplly good technical and the fundamental analysis to be on the top of the forex
There is nit something called best lot. Lot size is determined basing on your account ( capital ) and basing in your risk management system. If you use high risk you can set lots to 5 or 7 dollars, however lowest one start from 0.01 dollar so it's up to you what size to choose
forex needs really hard work. and it is one of those businesses in which you can not get success without working hard and devoting your time to thhis business. this will be very beneficial for all new trader. please discuss the viewpoint from you working encounter and from some trading concept. and discuss this guidelines how efficient shown in your lifestyle.Quote:
Originally Posted by vijai21