Let’s assume that we’re trying to find the Optimal position size, and that the Formula tells us that giving our Max risk per trade, that we should trade 40 Micro lots ( we used .10 cents in our formula ) .
Is there a reason why we would maybe want to trade 4 Mini lots, instead of 40 Micro lots ?
Given that in a sense, they’re the “same” ?
Thank you for the insight and discussion
Make sure the broker`s fee for both types of accounts is similar.
But, for several strategies, Micro lots would offer you more flexibility.
Maybe, because we are comfortable with 1 note of 100$ instead of having 100 notes of 1$.
in the afermentioned question above… you recommend ( in this example ) trading the 4 mini lots vs the 40 micros ? You can still scale with the 4 minis , plus it’s a lot less to keep up with vs 40 micros ?
Mate; I didn’t advice you or any suggestion! I just put my opinion! That’s it.