How many open positions can we maximum place on instaforex? And is it effective to trade by placing many positions?
To Adi Pribadi,
The number of positions that can be opened depends on the capital and leverage you use. Therefore, at any broker, the position capacity that can be opened in a trading account depends on the capital and leverage used. The more capital and the higher the leverage used, the larger the number of positions (lots) that can be opened.
Regarding the effectiveness of trading by placing many positions or lots, it depends on the strategy and analysis used. In addition, the application of money management also plays an important role in regulating the stability of capital in a trading account. All of this is of course regulated in a trading plan that you have planned in advance. This trading plan will later be useful to prevent you from becoming over-trade.
Hopefully this can help.