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  1. #1
    Rookie Member

    What is a Standard Lot? !!!

    Choosing a lot size to work with will make a big impact on your risk managment strategy. You might find yourself asking “which lot size will work best for me?”. The answer really depends on your trading style but a basic rule of thumb is the smaller the better. The smaller your lot size, the more flexible you can be when it comes managing your trades.

  2. #2
    Specialist Member marvel's Avatar
    Quote Originally Posted by andraxania View Post
    Choosing a lot size to work with will make a big impact on your risk managment strategy. You might find yourself asking “which lot size will work best for me?”. The answer really depends on your trading style but a basic rule of thumb is the smaller the better. The smaller your lot size, the more flexible you can be when it comes managing your trades.
    In binary options there is no lot size – you have to know that andraxania! We are mostly trading binary options and that’s why we don’t have any problems with lot sizes and problems like this. We could select the appropriate option size, from as low as 5$ to as high as 5000$ and it is only our choice what exactly to be the size of our positions.

  3. #3
    Master Member Bogdan G's Avatar
    Quote Originally Posted by andraxania View Post
    Choosing a lot size to work with will make a big impact on your risk managment strategy. You might find yourself asking “which lot size will work best for me?”. The answer really depends on your trading style but a basic rule of thumb is the smaller the better. The smaller your lot size, the more flexible you can be when it comes managing your trades.
    1 Standard Lot = 100K

  4. #4
    Active Member
    Like Marvel said, I can't see how lot sizes are relevant to binary options?

  5. #5
    Legendry Member milos's Avatar
    Only in forex trading it has lots from 0.01,0.02..from deposit accounts minimum $200 .You can trade with lot of 0.01 with your money account of 200 dollars.If you have more than 300 dollar you can tarde with 0.02 lots...etc...further to deposit accounts of $50000 you can trade with 4.00 lot and if you have $100000 or more you can trade with 8.00 lot.In Binary options there is no lot.It is enough one pip to price move from your current buying price and you won/lost.

  6. #6
    M.J
    M.J is offline
    Veteran Member M.J's Avatar
    Quote Originally Posted by andraxania View Post
    Choosing a lot size to work with will make a big impact on your risk managment strategy. You might find yourself asking “which lot size will work best for me?”. The answer really depends on your trading style but a basic rule of thumb is the smaller the better. The smaller your lot size, the more flexible you can be when it comes managing your trades.
    Right.. So what is the point actually? How does it relate to binary options?

  7. #7
    Veteran Member Ammeo's Avatar
    Quote Originally Posted by M.J View Post
    Right.. So what is the point actually? How does it relate to binary options?
    i dont think lot sizes relate to binary options. They are only in forex. Even equities dont have any specific lot standards (1000 shares multiplier is what traders refer when having open positions but not as a standard though).

  8. #8
    Master Member Bogdan G's Avatar
    Quote Originally Posted by M.J View Post
    Right.. So what is the point actually? How does it relate to binary options?
    There's no actual point and indeed, it has nothing to do with Binary Options. Anyway, I figured if I answer his/her question in the clearest manner possible, all discussions related to this topic would stop. I was wrong! But I am glad that somebody agrees with me and sees the lack of purpose of this thread.

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