Hello, I need help about position sizing under 1:30 leverage. Assume that I'm risking 1% per trade. And usual stop-loss ranging from 4 to 8 pips. Trading capital is 100.000$. So simply calculate lot size 100.000*1%= 1000$ . 1000$/50(stoploss amount (point, 5digit))=20 . Now 20 lots is a bit absurd position size. Also it eats 70% of margin so I'm not able to maintain another trade, only 1 trade at a time. While capital getting bigger, this become serious problem in terms of using tight stop-loss. How can I deal with this case? Thanks in advance.
Because of my country, sometimes brokers don't regulate me under FCA, redirect to offshore regulated part of website. And swiss brokers also have leverage limitations to 1:30 in case of FCA regulation or ESMA rules. So cost of top-tier regulation for me is to be limited to 1:30 leverage. Otherwise, I need to open account under offshore regulators of ASIC or FCA brokers to get 1:100 leverage.
And at the end, who knows is it as safe to be onboarded under offshore regulation of specific broker, if it's top-tier regulated and reliable, but cannot onboard me under top-tier regulation? Thanks again.
Because of my country, sometimes brokers don't regulate me under FCA, redirect to offshore regulated part of website. And swiss brokers also have leverage limitations to 1:30 in case of FCA regulation or ESMA rules. So cost of top-tier regulation for me is to be limited to 1:30 leverage. Otherwise, I need to open account under offshore regulators of ASIC or FCA brokers to get 1:100 leverage.
And at the end, who knows is it as safe to be onboarded under offshore regulation of specific broker, if it's top-tier regulated and reliable, but cannot onboard me under top-tier regulation? Thanks again.