Best leverage and lot size for $1000 deposit

My opinion is leverage - 1:200 (very comfortable leverage for daily trading) and 0.8 per $1000. (It may be four orders with size 0.2 or else variants)

for mini account (1k$) = 0.01 , 0.01 , 0.02 , 0.02 , 0.04 , 0.04 , 0.08 , 0.08 , 0.1 , 0.2 , 0.2 , 0.4 , 0.4

step 1 = 0.01
step 2 = 0.01
step 3 = 0.02
step 4 = 0.02
step 5 = 0.04
step 6 = 0.04
step 7 = 0.08
step 8 = 0.08
step 9 = 0.1
step 10 = 0.2
step 11 = 0.2
step 12 = 0.4
step 13 = 0.4

ok ! after step 13 or 11 you must continue taking volume base on mont carlo money management (based on decreasing , increasing equity)

if in losing every step , you must take volume from previous 2 step , e.g if you lose in step 6 (second 0.04 lot) , you must take step 4 -->(6-2=4) .

if you think it,s still slow in taking position from start to MC.MM (monte carlo money managment!) as above , you must spend some psychological terms with a mentor !

Put it all on Black!!!!

with a 1k acct i would use 0.1-0.15 lot size, risk 35% on each trade.

!!!!!

When it's not defined the amount of TP and SL of positions , how to speak about risk of trade ?

please note that the amount of Take profit or even stop loss , did not consider at chart above , because of for your future free diverse MM plans .

if you start from 0.1 lot (or any other amounts!) , continue the further amount based on Monte Carlo MM method that will guarantee your trading success .

You'll blow your account.

You might as well gamble in vegas, it's much more fun!

sounds funny!

Could anyone shed light on how the actual amount of leverage used per trade is applied?

If I open an account with a broker with lets say 1:400 leverage and I want to open a mini lot position (which I believe is 10k units - correct me if I'm wrong) but I don't want to use all of the leverage, how does this work? If my total account balance is $1000 and I am willing to risk 10% (I understand this is high I'm using it hypothetically) this would mean I would need to put down $100 in this trade, but with a 1:400 leverage this would mean I'm trading 40,000.

Do I simply punch in the amount of margin im willing to use along with my preferred order size and the system calculates what leverage I'm hoping to use? So in this example I would be risking $100 and buying 1 mini lot so the required leverage would be 1:100 - is this automatic or must it be done manually? I've been exploring the MT4 platform so any advice that relates to that platform would be great.

Anything less than $2000 account will get a lot size of 1k units.

I prefer to use no leverage.

This is the best answer to leverage I have ever seen. You understand what leverage actually is. Thanks so much.

I see, till now more than 20% traders of this thread are taking more than 7% risk ratio!! No idea, how they manage their losing trades position!

50% risk per trade. At least, you got a chance to double your account and take back your deposit.
After all, if your system is profitable, you'd never go broke whatever the percentage of risk is, given of course it is strictly inferior to 100%.

can remember this thread so very well..... and so very fondly......

the title asked about the best leverage and lot size for a $1000 account but the poll referred to your average risk per trade.....

my thoughts on that have not changed...... here in the states we have no say on leverage , so my leverage is 50:1 ..... my lot size is 0.01 lot ..... my risk per trade is 1%.......

the risk/reward ratio can be difficult to put a solid number on when not using the typical stoploss()/profittargets() values but rather using signals ..... so difficult that at some point r/r becomes pointless .......

by that i mean, suppose your buy entry is the standard macd rising above the 0 line and your exit is the macd falling below the 0 line..... there is no way to know that future exit price.... my risk should be 1% but the reward, if any, is yet to be known...... and a trailing stop muddies the r/r even further.....

give that some thought and it becomes clear......

r/r never enters my mind..... things that do are my account size, $ risk per trade , lot size , a high probability entry signal and high probability exit signal...... and the trades exit signal is seldom an opposing trades entry signal.....

in such cases as the above, you should still be able to accurately predict your $ results even without a definable r/r.....h

its amazing how people turn a simple question in such a HUGE amount of nonsense !!!

"how much its 2+2 ?"

4234324 post trying to unravel all the misterys in this world; guess what?? the answer its 4.. 2+2 = 4 wow

What is your average win, loss and win%
Look for Kelly formula.

Rgrds
SP