Micro, Mini and Standard Accounts? - Page 2
Page 2 of 612 FirstFirst 12
Results 11 to 18 of 18

Thread: Micro, Mini and Standard Accounts?

  1. #11
    Quote Originally Posted by ;
    When speaking about risk in forex without using ceases in the calculation 1 normal lot, which will be 100 000 units. Then if efx want's to use their own titles, whatever. Use the term 1 lot to get 100 000 units because that is standard. Though leverage is determined by used margin it is generally calculated that 1 lot utilizes $1000 that makes $100 000 using 100:1 leverage, ( even in the event that you dont use it ).
    So in the event that you start with $4000 and want a 2% risk.
    4 lots is 100 percent risk.
    4 minilots is 10% risk
    8 microlots (8,000 components) is 2% risk.
    What if the position I am taking requires a stop at recent service on a weekly chart that is 1500 pips away? 1500 pip cease using 8 micro lots is significantly more than just 2% risk on a 4k account. You must take into account when deciding what position size to use.

  2. #12
    Technically, the lots are quantified in units not dollars. On the other hand, the actual impliion is the way it impacts your position size and actual (position) leverage. To illue, suppose you have a transaction which you need a 50 pip stop-loss. If you only have $1000 dollars' funds and you are using a mini account this corresponds to risking 5% (EUR/USD) of your own capital on this transaction. Which could possibly be thought of by many as risking too much if you are just beginning. Simply go read as far as possible about money management and leverage to further understand this thought.

  3. #13
    Back in 2008 yeah maybe, minimal for most to be able to trade steady was 10k usd, now a days with technologies its only feasible to start with way far less. Yah basically stick to micro lots take is slow understand it, till you gradually make your way up. thats it. .

  4. #14
    Quote Originally Posted by ;
    Technically, the lots are quantified in units not dollars. On the other hand, the actual impliion is how it affects your position dimensions and actual (position) leverage. To illue, suppose you have a trade which you want a 50 pip stop-loss. If you only have $1000 dollars' funds and you're using a mini account this corresponds to risking 5 percent (EUR/USD) of your capital on this trade. Which could possibly be considered by many as risking too much if you're a beginner. Simply go read as much as possible about money management and leverage to further understand that idea.
    You're right! New traders need to utilize low-risk ratio. Since they are most likely going to confront a lot of losses in their trading! I seem, 1% is the perfect percentage for the new traders!

  5. #15
    1% is more appropriate for the beginners. But practically it's really difficult to maintain consistence this percent, because market moves at random mostly occasions. So we have to concentrate if the percent ll not cross up to 5 percent.

  6. #16
    5% includes enormous risk that newcomers couldn't effort. They should decrease the risk percentage. According to me, 2-3 percent is ideal for them to ensure a comfortable trading life.

  7. #17
    Quote Originally Posted by ;
    5 percent contains enormous risk that newcomers could not attempt. They should minimize the risk percentage. As stated by me, 2-3% is perfect for them to guarantee a comfortable trading existence.
    You are right! High risk reward ratio isn't applicable for the newbie! Even, I see pro traders will also be using low risk reward ratio within their trading! By the way, I use just 1 percent risk within my per trade!

  8. #18
    Who cares concerning lot size?
    The market does not care if you trade 1 standard lot or 10 minilots or 100 microlots.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.