Swing Trading Risk Management
Swing Trading Risk Management
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Twyxz · External communityPost link
External question — Personal Finance Stack Exchange
Author: Twyxz
Original post: https://money.stackexchange.com/questions/102379
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
I want to start swing trading in Forex. I've been working on a demo account with £10000 and has had some success over the past months.
I'm wondering what is the correct lot sizes and deposit amount to start off with to ensure that I do things with as little risk as possible.
I've heard that per $100 you should use 0.01 Lot sizes but that seems a bit extreme? Am I right in thinking this?
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: Twyxz Source score (net votes, not local likes): 1 Original post: https://money.stackexchange.com/questions/102379 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I want to start swing trading in Forex. I've been working on a demo account with £10000 and has had some success over the past months. I'm wondering what is the correct lot sizes and deposit amount to start off with to ensure that I do things with as little risk as possible. I've heard that per $100 you should use 0.01 Lot sizes but that seems a bit extreme? Am I right in thinking this?
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