91. How to Determine Your Position Size in the Forex Market

[fxmadeasysg]

today's forex training

[FreeFOREXautoROBOTS]

Free Forex EA- works perfectly fine for me.

[Jenna5116]

In longer-term investing strategies, position sizing is a bit more complicated and may depend on the strategy at play. In this section, we will focus on sizing positions for short-term trades.

[oscar2oo9]

I buy about 500 dolars at 1.2680 and as I was wayting for a good selling number like a 1.2699 .I was loosing money... why? on te acounts- equity.?????

[benian13]

@oscar2oo9

Your spread is 2.0 !

The break even is 1.2680 +0.002 = 1.2700

If you sell at 1.2699 you loose

[vonHypermiler]

What video editing/recording software do you use Dave?

[Daamon77]

This will probably be answered later on but does this mean that I must trade in the tens and hundred of thousands of dollars? I thought the advantage was being able to trade small?

[InformedTrades]

Hi, many brokerage firms including FXCM will allow you to trade in sizes of 1K or smaller however even at 10K the value of a one point move in the market is only $1. Since the market is not very volatile most consider that trading pretty small. Hope that helps. Dave

[prodigee411]

hi, can you actually establish ANY position size you desire. Let's say I've got $50,000,000, in an account. Would it be possible for me to establish a position size, say 10,000k or $1,000 per pip, 50,000k or $5,000? If these position sizes are possible, would the specific currency pair's liquidity affect transactions? Thanks.

[prodigee411]

Also, from your experience, is there any difference in execution time of a "large position" vs. a 1k position. thanks.

[icemanlux2]

as soon as u execute a position it should appear right away in your platform in the order that u place it....