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Thread: Lot size

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    Default Lot size

    Most amateur traders jump to open big lot size as it brings immense profit. But a big lot size can transform into a bad dream. You can get a margin call. Don't risk more than 2% of your capital. I also used to take big lot and losing money then my account manager from XeroMarkets has impacted me to fathom that I was conferring tremendous mistake. The broker also provides low spreads and instant deposit and withdrawal facility.

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    Forex is the biggest currency exchange market all around the world. The daily transaction of this market is more than 4 $ trillions of dollars. But to lead a profitable Forex business a trader need to learn completely which the key of success is. Forex4you broker I have selected because they give free and effective educative programs to their entire clients. I learn from their free demo trading account which supports me most.

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    Lot size selection falls in the primary responsibility of a trader because a trader’s risk depends on it. I always prefer taking small lot size in my trading and Eurotrader provides me flexibility in this regard.

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    One of the core considerations of risk management strategy is the adjustment of lot size according to the size of capital. You can start trading with FXOpulence broker with only $100 investment and they allow traders with 1:500 leverage, narrow trading spread and flexible margin level.

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    Many amateur traders rush to open large lot sizes, chasing quick profits. However, big positions can quickly turn against you, leading to margin calls and significant losses. It's crucial to prioritize capital preservation. Never risk more than 2% of your total capital on a single trade. Smart risk management ensures long-term survival and success in trading.

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