I’m a noob trying to form an intelligent strategy before I even do a demo trade.
Aside from the amount of money I invest in a trade, there appears to be an option as to how to increase the size of the trade, and it has to do with the balance between lot size and leverage.
What is a good balance between lot size and leverage?
Is it SAFER to increase one over the other?
Question shows some confusion.
However good practice dictates not to risk more then 1-2 % of your equity on the single trade.
Increase your bet proportionally with increase of your equity.
Stick to good practice and I promise, you are going to to have some quality time before you lose your capital and you’ll learn a lot about your system and yourself on the way.