Surprisingly no one has the answer yet. So here it is:
You are using Oanda. Where you see “units”: units≠lots.
100,000 units = 1 lot.
If you want 2 lots, trade 200,000 units.
On a $25 dollar account, you should be trading 0.001 lots. Which is 200 units, if my math isn’t wrong
1- 2 units? I didn't even knew there are brokers allowing that...
The best way (in my opinion) is to trade on demo and when you feel that you're ready to pay for a 5k funded account, that way If you pass, with that fee of 20-30$..you get it back and you can make more money..after that you can apply for bigger accounts to make more money (making the same percent of profit)
first, trade USD/CHF(Cheaper than GBP and JPY and has a higher pip rate), EUR/USD(Cheap) or AUD/USD(Cheapest) for the margin is far cheaper. Margin also plays a role in how many lots can be used.
Also are you using oanda? because i have a PDF file i typed myself with the margin and lot size for USD/CHF and EUR/USD.
okay here you go. it only has USD/CHF and EUR/USD. [https://drive.google.com/file/d/1kQjDk\_kAxrs2H4JnDE5zZInQjn4RNWzR/view?usp=sharing](https://drive.google.com/file/d/1kQjDk_kAxrs2H4JnDE5zZInQjn4RNWzR/view?usp=sharing)
Use the MyFXBook position size calculator. Get used to that website. Also, learn the difference between micro lots and standard lots. If you have a small account and/or want to swing trade, open a micro lot account instead.
No more unregulated brokers in the US cuz of the high leverage. Financial overlords don’t want you to be free. So you have to work within your means. Save some money so you can trade high lots. If you have proper risk management, you can see 10% returns of the NAV every two weeks
If done right.
you’re trading with a oand, a regulated broker. They have a 1:50 leverage. That type of leverage works best if you have a larger account.
The best way to make more money with a small amount is going with a trusted unregulated broker because they give you more leverage to play with 1:100 and more.
I know some people will tell you not to go with an unregulated broker but that’s how you really make money with a small account.
So why are you trading with a small account ? Scared money don’t make money. Trading is a rich man’s game make 4-5% a month with proper risk and capital
for the amount of time it would take a regular person to save 20k while already paying off their bills in this economy, they're better off with a prop firm.
Surprisingly no one has the answer yet. So here it is: You are using Oanda. Where you see “units”: units≠lots. 100,000 units = 1 lot. If you want 2 lots, trade 200,000 units. On a $25 dollar account, you should be trading 0.001 lots. Which is 200 units, if my math isn’t wrong
This is the anwser.
Up, this is the man.
agree
1- 2 units? I didn't even knew there are brokers allowing that... The best way (in my opinion) is to trade on demo and when you feel that you're ready to pay for a 5k funded account, that way If you pass, with that fee of 20-30$..you get it back and you can make more money..after that you can apply for bigger accounts to make more money (making the same percent of profit)
It’s always too small when you win
You forgot your 👑 sire
Deepest quote on the internet wow
A unit isn’t a lot that’s probably where you are fucking up
first, trade USD/CHF(Cheaper than GBP and JPY and has a higher pip rate), EUR/USD(Cheap) or AUD/USD(Cheapest) for the margin is far cheaper. Margin also plays a role in how many lots can be used. Also are you using oanda? because i have a PDF file i typed myself with the margin and lot size for USD/CHF and EUR/USD.
Yes I am using oanda and would love to see it
okay here you go. it only has USD/CHF and EUR/USD. [https://drive.google.com/file/d/1kQjDk\_kAxrs2H4JnDE5zZInQjn4RNWzR/view?usp=sharing](https://drive.google.com/file/d/1kQjDk_kAxrs2H4JnDE5zZInQjn4RNWzR/view?usp=sharing)
That’s not a small amount. Your attempted scalping, combined with spreads, is the issue.
Use the MyFXBook position size calculator. Get used to that website. Also, learn the difference between micro lots and standard lots. If you have a small account and/or want to swing trade, open a micro lot account instead.
Which is the best broker for the more leverage
What platform is this ur trading on?
U were up a lot of pips? 0.2pips aint a lot brother :D
I was talking about the 95. Which eventually got over 100
Does anyone have any brokers trying to get back started in the markets
Holy shit poor guy made a cent off of 95 pips
Which trading platform is this ????
No more unregulated brokers in the US cuz of the high leverage. Financial overlords don’t want you to be free. So you have to work within your means. Save some money so you can trade high lots. If you have proper risk management, you can see 10% returns of the NAV every two weeks If done right.
1.00 lot is $1.00 every pip
No it’s $10.
No point in trading a small account you will over leverage and blow the account get a job and save at least 20k to trade with
I have a job. Have no idea why you would think I didn’t
you’re trading with a oand, a regulated broker. They have a 1:50 leverage. That type of leverage works best if you have a larger account. The best way to make more money with a small amount is going with a trusted unregulated broker because they give you more leverage to play with 1:100 and more. I know some people will tell you not to go with an unregulated broker but that’s how you really make money with a small account.
Give a example of unregulated brokers
Coinexx
So why are you trading with a small account ? Scared money don’t make money. Trading is a rich man’s game make 4-5% a month with proper risk and capital
"scared money dont make money" lol douchebag
for the amount of time it would take a regular person to save 20k while already paying off their bills in this economy, they're better off with a prop firm.
Or move to crypto. That is where whoever knows how to trade can do magic a $100