I need an advice here. I feel that a standard lot gives a larger profit per pip but also a higher spread. The trade needs to move so much in order to make a profit after spread of $30-$70 pips or more per trade is taken at each transaction.Can an experienced trader give his take on Mini verses Standard lot.
Also, my demo account is profitable…do brokers tweak the demo accounts just to have us open a real accounts which won’t fare as well?
Not as far as I know but real trading is a whole different ballgame. Slippage, partial fills, additional volatility, variable spreads and many more factors seriously and adversely affect live accounts
You’re talking simple math here. Of course a full lot is going to have a larger pip value and spread value than a mini lot. It’s 10 times the size. It’s the same idea as buying 1000 shares of a stock vs. only 100 shares.