How much minimum investment to trade with 8 lots?

[joget]

to trade with 8 lots, if 1 lot is worth $ 1000, then you need the funds more than $ 8,000, at least 3-4 times larger than that, which is about $ 32,000, so that you have sufficient funds to maintain your trading positions. but if you are newbie, you should practice your trading skills first, using a small lot.

[sudsind]

It depends on the leverage you have in your account for eg. for opening 8 standard lots, with a leverage of 1:100 you need $8000 in your account and with a leverage of 1:1000 this required margin reduce to just $800 but that doesn't mean that if you have $800 in your account with 1000 leverage than you can open 8 lots as you need more margin in your account for spread and for giving the position room to breath. better start with mini lots first

[sachin]

If you want to trade in 8 lots with a leverage of 1:1000 then you need a balance of 1000 $ which is minimum but then we also need to be on the safe side and keep a margin of few pips on our side so it is better we have a balance of 5000 $ and above to minimize our risks.

[mojcris]

it depends on leverage

if you are using 1:1000 then you approximately need 80000 $ but if it's standard lot, but it will be too risky , because in this case each pip will cost you about 100 $ and !

[taufiqbd]

If you want trade 8 lot per trade order then you have minimum need $40000. But I suggest you it is not good for you because you are a newbie, you know nothing about forex. Firstly you part time trade in forex 3 years then you will invest more money in this market.

[wavestraders]

its not about the numbers of lots we want to open , it was the size of lots we want to open and what is your capital and what is your risks , from that we can calculate what is the size we can open

[wendhrie]

I never understand this thing, as I know I think that minimum amount of money investment is always good in the trading, and its workable.

[maurya]

According to my money management i trade with the reserve of 1000 pips. So if you want to trade with 8 lot size then you need to invest at least 10,000$ to prevent margin call. But my brother do not trade with so much funds in the start. If desire so then practice this same management in demo for 3 months then trade real.

[maurya]

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

[dineshji]

I will not suggest you to take 8 lot size as it is too much high, you rather take 1 or 2 lot size and you can set yours take profit at yours own desire, means if you set take profit with higher pips then take 1 or 2 lot size just, you will get good profit.