Nilde Lucchese Posted July 4, 2021 Share Posted July 4, 2021 Traders can use large lot sizes to make a big profit from trading. However, such a method is dangerous because traders will lose a lot if they encounter the wrong position. If you are a new trader, I recommend staying with the standard lot size. Don’t increase it without a plan. Also, try to use as low leverage as possible. My broker Eurotrader offers me high leverage. But I use only 1:100 leverage. Link to comment Share on other sites More sharing options...
David Meyers Posted July 9, 2021 Share Posted July 9, 2021 Many trades in the forex market as a hobby. But traders need to have a firm intention to take the time to learn everything related to trading. If you underestimate this step, you can lose money. In my case, I am taking Eurotrader's free course. Link to comment Share on other sites More sharing options...
Sam Patrick Posted July 9, 2021 Share Posted July 9, 2021 In the world of online trading, the main focus for the retail trader is to have a profitable strategy. In that case, It is very much needed to choose a broker who has tight spreads. Low spreads is very essential for the low investors who wants to make a minimum profit with their little investment. Different brokers have different spreads. They vary based on the type of the account, the market activity, and the moment of time during the trading day. As I am also a trader, I trade with Forex4you. It has very low spreads starting from 0.1 pips, which is very attractive for those who has little amount to invest. Link to comment Share on other sites More sharing options...
papia09 Posted July 13, 2021 Share Posted July 13, 2021 Lot is very sensitive because it depends on your ability therefore trader must gain proper knowledge on trading. More, vast group of people is losing from profits reasons of fake brokers. To select a broker you have to vary careful. Trader can choose a broker various ways likely, stability, regulation, awarded. FreshForex is a such broker which is regulated and stable company from 2004. It provides the best privacy for the traders and gives the best offers, bonuses and all kinds of technological supports. Link to comment Share on other sites More sharing options...
Resolve Posted July 13, 2021 Share Posted July 13, 2021 14 minutes ago, papia09 said: Lot is very sensitive because it depends on your ability therefore trader must gain proper knowledge on trading. More, vast group of people is losing from profits reasons of fake brokers. To select a broker you have to vary careful. Trader can choose a broker various ways likely, stability, regulation, awarded. FreshForex is a such broker which is regulated and stable company from 2004. It provides the best privacy for the traders and gives the best offers, bonuses and all kinds of technological supports. We will need to make use of the Lower Trading lot sizes so that the risks will stay minimal for us. Link to comment Share on other sites More sharing options...
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