how much minimum investment to trade with 8 lots?
i m beginner , i know it only for my information .
please give your opinions also.
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how much minimum investment to trade with 8 lots?
i m beginner , i know it only for my information .
please give your opinions also.
I would suggest that if you are a beginner, forget trading with 8 lots, Its out of question lot size. Start with 0.1 or 0.2 lot sizes opening a small account with $50 to $100 capital. feel and learn the market trading with that lot size and try to develop good trading skills reading good books and following good sites / friends and forums
main app ka sawal nahi samgh saka shide app volume ki bat kar rahe ho to valoume 8 to bahot he barri raqam ha kioun k es ka matlab ha 1 pips for 8 usd samgh ai ager app k account main kaam money ha to phr ap .01 lot se he trade karenQuote:
Originally Posted by Garry
It will depend on what pair you want to trade in and what leverage you use. In case you want to trade gold in insta-forex and gold rate is 1606, you need 1606$ capital to trade a single lot at 1:100 leverage but in case of silver all you will need is 29$ for a lot at 1:100 leverage.
yeah inorder to trade 8lots you must have a huge balnace like $10000 or more because you can easily get magin call if trade with low capital so better if you are beginner trade with less than 1lotsize it would be better
First of all what is so special in 8 lot size? one should trade according to his skills and affordable capital to invest, not on some fancy dreams.
It is depend on your trade,your leverage.You are start with 0.1,0.2 then your account needed 50 to 100$ for 8 lots.you trade in Gold then needed 100 to 150$.
friend in my view 8 lot size is too high.
no one trading with this kind of lot size new trader in real account.
its depend on you that how much time you want to live in market.
but for me i need more than 100000$ for 8 lot size.
Why would a beginner want to start trading with 8 lots. Anyway if you really want to know, then you should invest $20,000 into forex. This will enable you to trade profitable with 8 lots and without risking too much of your equity.Quote:
Originally Posted by Garry
oh,really inorder to trade 8lots we need $20000.i really dont know this before but i will wont trade big lots like that until as you said if i have $20000.so we can trade safely but if we use low capital and use high leverage to trade biglots then there may be a magincallQuote:
Originally Posted by aadrika