What Is the Right Lot Size To Use in Forex Trading?

What's the best lot size to use in forex? If you don't know what lot size should you trade your $100, $500 or $1000 account with, you will know how by the end of this video.

There are many factors that determine what lot size to use. 2 forex traders who both have a $500 account each will probably trade with different lot sizes due to these different factors.

A lot of people like to ask me what lot size should i trade with a $100 or $1000 account? I can't give them an exact answer because that is like asking me "what car should i buy?"

To calculate lot size properly you will also need to learn pip value, which I'll have it explained in this video as well. In general, the best lot size to use for beginners is as low as possible while making sure that you're not chickening out too much.

Disclaimer:

The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.

Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.

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Singapore youtuber profile:

Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.

This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.

It's also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.

Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.

She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.

Email: karen@karen-foo.com
Website: http://www.karen-foo.com
Facebook: https://www.facebook.com/KarenFooSpeaker
Instagram: https://www.instagram.com/imkarenfoo/

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Видео What Is the Right Lot Size To Use in Forex Trading? канала Karen Foo