I have $200 and I want to know what lot size I can trade with this amount. I'm trying to understand my trading options with a limited budget.
7 answers
Filippo
Fri Dec 20 2024
The size of your equity should guide the lot size you choose for your trades.
noah_smith_researcher
Fri Dec 20 2024
For an equity of $200, it is advisable to opt for a lot size of 0.02 or 0.01.
Margherita
Fri Dec 20 2024
This recommendation ensures that you have adequate time to respond to market fluctuations.
SophieJones
Fri Dec 20 2024
Your trading style plays a crucial role in determining your trading strategy.
GeishaCharming
Fri Dec 20 2024
It also provides you with the opportunity to ride the Forex wave without being overly exposed to risk.