I have a $500 forex account and I'm wondering what lot size would be suitable for trading with this amount of capital. I want to ensure that my trades are not too risky but also have the potential for reasonable profits.
6 answers
Bianca
Tue Dec 10 2024
With this leverage, $500 is sufficient to execute 50 trades, each comprising 0.01 lot.
Dario
Tue Dec 10 2024
Margin required per trade amounts to $11.
SsamziegangSerenadeMelodyHarmony
Tue Dec 10 2024
You possess $500 in your trading account.
Bianca
Tue Dec 10 2024
Maintaining a consistent lot size ensures uniformity in your trading activities.
ZenHarmony
Tue Dec 10 2024
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