How many lots at a time?

Hi,

After a couple of years of maturing I'm back in the Forex-markets. And this time I feel ready and patient

One question, for when the time comes:

In the EU and the EU/US overlap, is it realistic to sell/buy 10-20 lots of EUR/USD ($1-2.000.000) at a time without too much slippage? Or is that too big of a mouthfull for the market? This is in regards to my system which is calculated to take about 10-20 pips at a time, so would be nice to be able to get in and out without loosing it all again because the market can't absorb the orders.

Kind regards
Jesper

That depends on your liquidity provider. If you are trading with an ECN broker (and with such amounts to trade you should be), you'll be able to see the liquidity levels and compare them with your desired position sizes.

ok thank you.

Are those visible in the Metatrader or how do you see them?

Bare MetaTrader 4 can't show that, but some brokers use plugins for MT4 and other offer different platforms.