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Forex Position Sizing - What is a "Large" Position?

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Los Angeles + California/United States
Posts: 17 since Aug 2017
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rassi View Post
If your asking what size you can drop without issues with fills then have a look at dukascopy or another ecn and view their order book. It will depend on the market, something like eu could probably take 300 lots whereas nzd/cad might be more like 100. Obv conditions will vary.

If your a retail trader on a non ecn broker they will limit your size.

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That helps! I moving up from single Lots to the 10-30 Lots range for my risk tolerance, so was trying to gain some insight about what to expect before learning the hard way. I use Gain Capital which is a market maker. Not sure if I will go with an ECN. I haven't looked into switching yet.

As a side question, what are your thoughts on ECN vs Market Maker?

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