What lotsize would you choose...

Hi all,

Imagine you want to make 1% profit over $1000.

You can only choose between 0.01 and 0.10
lotsizes, which size would you take and explain
your motivation The trading length doesnt matter,
overnight costs also not.

EURUSD (0.7758)
1% of 1000.00 = 10.00

0.01 lot = 1289 pips
0.02 lot = 644 pips
0.03 lot = 430 pips
0.04 lot = 322 pips
0.05 lot = 258 pips
0.06 lot = 215 pips
0.07 lot = 184 pips
0.08 lot = 161 pips
0.09 lot = 143 pips
0.10 lot = 129 pips

Hallo Mars,

I think you are relating things wrongly. You are concentrating on the profit side while you have to answer first the risk side or losing side.
Forex is a number game, your strategy would give you an edge over longer period (more trades). So you have to concentrate on controlling your risk!

Decide for yourself what your risk appetite is, what are you willing to risk per trade, what %
Then if your strategy will provide you a signal, determine you how big your sl (in pips) should be, for instance 45 pips.
Then calculate you position size or lot size based on that 45 pips.

If you are convinced that the pair can move in your expected direction with sufficient R:R, than you are pulling the trigger or put the trade pending in your trade station.

If you have further questions, do not hesitate to ask.

I trade mostly 1:1 so 10 profit or 10 loss in this case when the setup looks good.How long do you trade Dutch?

So you are not trading, sounds more of gambling to me with a R:R of 1:1.
My minimum requirements for a trade are 1:3. If do not see chance to got that, the set up will be disqualified by my rules!

If I would gamble I could open and close trades anytime. I wait till I see a good setup and prefer small trades.
My winrate over 3500 trades is 78%. Im just trying a new thing.

On the pic you can see my Sept stats, lets see where it will take me

your money management methods are the once that will dictate what lot size you should use.not some guesswork or anybody's opinion