Can any one tell me that what is the best lot value for trading. Because i loss some good profit. :(
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Can any one tell me that what is the best lot value for trading. Because i loss some good profit. :(
I suggest to only risking a maximum of 2% of the capital ....
example: capital = 10000 dollar
lots per trade = 10000/10000 = 1 lot
stop losses up to 2% of capital = $ 200
I hope this helps
The best lot value to use for trading is the .10 lot size. No matter the deposit you make in your account, it will trade for you with the least risk and also good profits. I assume that any serious forex trader will not invest less than $100 in his forex trading account.
Choosing a lot size to work with will make a big impact on your risk management strategy. You might find yourself asking “which lot size will work best for me?”. The answer really depends on your trading style but a basic rule of thumb is the smaller the better. The smaller your lot size, the more flexible you can be when it comes managing your trades.
Higher the lot value more the trader will be able to earn. But when selecting the size of the lot trader should consider the number of trades, available capital.
the best lot to trade is 0.01 or 0.02 lot because it will minimize your lose if trade go against you and you don't lose anything when you gain little due to small lot.
Can not anyone to realize all the profits no matter how good at trading, but possible to achieve some profits by following some successful trading strategies
Yes i agree with you. It's more safer to use small lot size for low account size. If my account size is 100$ then i must not use the lot size bigger then .10. Because it will increase the risk to loss more when we loss in a specific trade. I will do trade with lot size 1 only when i made 2000$ in my account.
well dont put too much at risk..being agressive is one thing and then there is being stupid.. risk 2% of ur account at every trade. like if you have 250$ account den dont risk more than 50$..okay?
to start trading traders must have capital of about 500 dollars to 1000 dollars and it is safe to leverage the capital and size used 1:1000 0.01 so that the trader can make a lot of traders open position as desired by taking into account the risk level of 1, 5%