What is the maximum number of lots that I can play with? | Forex Factory

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What is the maximum number of lots that I can play with?

  • #1
  • First Post: Nov 13, 2008 6:36am Nov 13, 2008 6:36am
Please help

What is the maximum number of lots that I can play with?


What is the maximum number of lots that I can play with if i deposit 20.000usd?
  • #2
  • Nov 13, 2008 6:45am Nov 13, 2008 6:45am
it depends in 2 things....

1- whats your broker leverage
2- what pairs you're trading

Quoting zboss2009
Please help

What is the maximum number of lots that I can play with?


What is the maximum number of lots that I can play with if i deposit 20.000usd?
Charting Markets into the Future...MǎҖ€¥.
  • #3
  • Nov 13, 2008 9:19am Nov 13, 2008 9:19am
That's a tricky question. Are you brand new to forex?

Just to clarify, are you asking how many lots you mathematically can "play with" or how many lots it's prudent to trade based on sound money management strategies?

The difference is the same as night and day.
  • #4
  • Nov 13, 2008 2:31pm Nov 13, 2008 2:31pm
Quoting zboss2009
Please help

What is the maximum number of lots that I can play with?


What is the maximum number of lots that I can play with if i deposit 20.000usd?
I would say - 20,000,000 which is a 20.0 Lots
  • #5
  • Nov 13, 2008 10:47pm Nov 13, 2008 10:47pm
On a USD based pair, 1 standard lot controls $100,000.

20 lots would equal $2,000,000.

If zboss entered a trade with 20 lots (USD), a 2 pip move would be 2% of his account. A 10 pip move would be 10%. I doubt anyone on this forum would seriously advise this kind of risk exposure, especially to a newb.

lavatrader, you're off by a factor of 10. Maybe you meant 2 lots instead of 20?

2 lots would give zboss 20 pips before he hit a theoretical 2% stoploss. Still tight but may be perfectly acceptable to someone who really really knows what he's doing.

1 lot would give him 40 pips to "play with" before hitting 2%. Without knowing anything more about his experience level, this would be the maximum I'd recommend to zboss.

.5 lot would be even better for a rookie. 80 pips gives plenty of breathing room.
  • #6
  • Nov 14, 2008 3:45am Nov 14, 2008 3:45am
Quoting opie999
That's a tricky question. Are you brand new to forex?

Just to clarify, are you asking how many lots you mathematically can "play with" or how many lots it's prudent to trade based on sound money management strategies?

The difference is the same as night and day.
mathematically ofcourse

its just a question, I dont plan to lose all investment
  • #7
  • Nov 14, 2008 4:45am Nov 14, 2008 4:45am
Quoting zboss2009
Please help

What is the maximum number of lots that I can play with?


What is the maximum number of lots that I can play with if i deposit 20.000usd?
I suggest that you go to babypips . com and go to their school, paying great attention to their comments on why so many traders fail.........
Trading Levels with WRBs
  • #8
  • Nov 14, 2008 7:45am Nov 14, 2008 7:45am
Quoting zboss2009
its just a question, I dont plan to lose all investment
WELL DUH! No one sets out to do that or wants to do that . . . that doesn't mean it wont happen
  • #9
  • Nov 18, 2008 5:19pm Nov 18, 2008 5:19pm
Quoting zboss2009
Please help

What is the maximum number of lots that I can play with?


What is the maximum number of lots that I can play with if i deposit 20.000usd?
Always ask your broker if you have broker related questions
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #10
  • Jul 16, 2010 5:10pm Jul 16, 2010 5:10pm
Please let me know that if I follow percentage equity model then at one point the number of lots come to about 170 standard lots. Please advice that this much amount of trade is practical at any point of trading...suppose I am profitable and reach that point...does any broker allows this trade size?
  • #11
  • Jul 17, 2010 12:56am Jul 17, 2010 12:56am
170 Lot is near 17'000'000 so yes so broker allow (i remember that 20mio is oanda limit )but if you trade so big you should take a look at ECN.
“Aim for the highest.” Andrew Carnegie
  • #12
  • Jul 17, 2010 12:34pm Jul 17, 2010 12:34pm
Thanks for your reply. Hope I will reach that point someday
  • #13
  • Last Post: Jul 2, 2011 10:35am Jul 2, 2011 10:35am
Quoting zboss2009
Please help

What is the maximum number of lots that I can play with?


What is the maximum number of lots that I can play with if i deposit 20.000usd?
If you will deposit 20 000USD, you can trade up to with 100 standard lots, which is 10 M$ position. (leverage 1:500), i dont recommend trade positions like this, one of the most important thing is money management! risk 1 - 5% per trade
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