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where and at what margin should i invest in i have 20 dollars what leverige should i use? im investing on xtrend speed so can you give me the exact quanttiy of lots i should buy for what ever investment you chose I was thinkining AUDUSD

Investing in forex with a leverage can be a risky decision, especially with a small amount like $20. Leverage allows you to trade larger positions than your actual capital, but it can also amplify your losses. When investing in AUD/USD or any other currency pair, it’s important to first understand how leverage and lot sizes work: 1. **Leverage**: Common leverage ratios in forex trading are 50:1, 100:1, or even higher. Higher leverage increases risk. 2. **Lot Sizes**: Forex is traded in lots. - A standard lot is 100,000 units of the base currency. - A mini lot is 10,000 units. - A micro lot is 1,000 units. - A nano lot is 100 units. Given your available capital of $20, trading in standard or mini lots would not be feasible. ### Investment Strategy 1. **Choose a Leverage**: For starting with $20, consider using lower leverage such as 50:1. This means you’ll be able to control a position of $1,000 with your $20, but remember that losses will also be magnified. 2. **Calculate Lot Size**: Using a micro lot is likely your best option if you're starting with only $20. - 1 micro lot (1,000 units) of AUD/USD means that your margin requirement at 50:1 leverage would be $20 (1,000 units / 50 leverage = $20). ### Example Calculation - If you decide to trade 1 micro lot of AUD/USD: - Position Size = 1,000 AUD. - At leverage of 50:1, required margin = $20. This matches your capital exactly. ### Risk Management - It's important not to risk your entire balance on one trade, especially with such a small amount. Consider using a stop-loss to limit potential losses. ### Conclusion With $20 in capital: - Use leverage of 50:1. - Trade 1 micro lot (1,000 units) of AUD/USD. - Be mindful of risk management practices. Always ensure you are comfortable with the risks involved in forex trading, and consider practicing on a demo account before using real money.