I am curious as to the size that an average retail trader trades. I know it's a loaded question that must take into account the size of the account, trader risk aversion, experience etc... But I just want to gauge what the answers are. I know that there are boardlots, mini lots, and micro lots and different brokers define them differently. I myself have 50k in my account and I am fairly risk averse wanting to keep my pip stop loss pretty tight (btwn 8 to 14 pips).
I want to know if trading a 200 or 300k position, is considered large in terms of :
1. Will that affect my on stop limit trades (i.e. what the broker guarantees in fast markets)
2. Will 200 to 300k affect slippage?
I am assuming no to each of the above, but would like to hear some honest answers.
G
I want to know if trading a 200 or 300k position, is considered large in terms of :
1. Will that affect my on stop limit trades (i.e. what the broker guarantees in fast markets)
2. Will 200 to 300k affect slippage?
I am assuming no to each of the above, but would like to hear some honest answers.
G