How much minimum investment to trade with 8 lots?

[faisal0833]

Start trading with a demo account, then I think you start a real account and then you have a bit more, and you need to relax and commercial capital. Well, the foreign exchange market, you have to understand everything, and you have capital, you can start great shape.

[prawinkurdeg]

you are talking about lot 8 which is 8 $ per pip in instaforex. i think you should have at least 500 $ to trade this lot size safely with good money management.have a good strategy as you are taking too much risk in this lot size.

[riddick09]

@taharoyal52
I agree. This is one of the difficult set up of having so big lot size or volume. Having 1.00 lot size will also give you from 1 pip to 1 dollar so if you think of 8.00 then, that will be 8 dollars per pip. Which only means that it require huge amount of trading capital plus we should choose carefully if we are going to do scalping or not. For long term trading, I don't think its recommended for novice traders who only have small amount of investment.

[myesmian]

if it in standard lot size then it is very high balance needed to open 8 lot size, I think 10000$ will cover your risk level, I suggest to you that try to micro lot size it will needed much low capital for trade like that, and also that 8 lot size is not good idea to make money quickly cause many people express FOREX ALSO A MONEY KILLING MACHINE.

[taharoyal52]

if you want to set 8 lot for your dealing it indicates that 1 factor = 80 usd and if you need 1000 factors for your edge and then you have to get ready the investment at least 80.000 usd...well my buddy this is a big investment for dealing and you only need create 2 purchases every day will get much benefit..

[ishvara]

I think for every beginner it is necessary to open trading account with small balance like 20-50$,set low leverage, trade with .01 or .05 lot size.It will be great if we practice trading in real following risk and money management strategies strictly.To trade with 8 lot size you need to have big balance near about 800-900$.

If you use 8 lot size to trade 800 - 900 dollars, then it is a useless thing. This is because the margin will be very slim and a little loss of 100 pips would cause a margin call for the trader. We can use 8,000 dollars to trade 8 lot.

[mmm2013]

I think that there is no minimum you can start with $ 1 but it is very important that we have a successful business strategy makes us that we can make profit easily

[affan]

Nice Conversation

[bdconnect]

Forex trade in 8 lot is very danger you loss in forex trade in 8 lot trade if you not a good trader.if you are a good trader than you trade 8 lot for forex.if you trade 8 lot you minimum deposit 300 dollar than you success 100% sure.

[bablu7832]

I think for every beginner it is necessary to open trading account with small balance like 20-50$,set low leverage, trade with .01 or .05 lot size.It will be great if we practice trading in real following risk and money management strategies strictly.To trade with 8 lot size you need to have big balance near about 800-900$.