I'm wondering how much leverage and lot size to use in forex. My account equity is £1000.?
- 6 months ago
If your account equity is £1000. Then your leverage will be 1:200 and lot size maximum 2 standard lot can you used.
- zman492Lv 76 months ago
It would be easier to give an intelligent answer if you explained what your strategy, expectations and risk tolerance are.
If you do not at least understand that forex is a "zero sum game" (which means that for every dollar one trader makes on a contract another trader loses a dollar on the same contract) you probably should not use forex for investment purposes.