Financial News & Information.

January 25, 2009

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

Filed under: Currency Trading — Tags: , , , , , , , , , , , , , , — Darren Warmuth @ 7:25 pm

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2 Comments

  1. 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

    Comment by InformedTrades — January 25, 2009 @ 7:25 pm

  2. 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?

    Comment by Daamon77 — January 25, 2009 @ 7:25 pm

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