max volume to trade

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How much volume is traded every day in a major currency pair like EURUSD or NZDJPY? Can I open a position with 50 or 100 lots? is there such volume in market ?  is it possible I get stoploss hunt because I have big lots? so how big can my volume be?
 
You can look at the specification of the symbol proposed by your broker for your trading account, for example:

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Can't place new order MT 5

Sergey Golubev, 2020.07.08 17:41

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4. Check the specification for this pair/symbol and minimum lot size: does this broker allow me to trade it with 0.01 lot sdize? Yes, I can trade this pair by openning 0.01 as a minimum lot size:


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All information about the symbol 2 - expert for MetaTrader 5
 
Sergey Golubev:
You can look at the specification of the symbol proposed by your broker for your trading account, for example:

All information about the symbol 2 - expert for MetaTrader 5

yes I know! but I want to know if is it OK a retail trader open a position with very big lot? and how much volume is traded in a major currency pair in average daily?

 
Elsa Hejazian:

yes I know! but I want to know if is it OK a retail trader open a position with very big lot? and how much volume is traded in a major currency pair in average daily?

ask your broker, he can answer

 
Elsa Hejazian: Can I open a position with 50 or 100 lots?

Can, yes. Should, no. If you want to survive, you must control your risk.

Risk depends on your initial stop loss, lot size, and the value of the symbol. It does not depend on margin and leverage. No SL means you have infinite risk. Never risk more than a small percentage of your trading funds, certainly less than 2% per trade, 6% total.

  1. You place the stop where it needs to be — where the reason for the trade is no longer valid. E.g. trading a support bounce the stop goes below the support.

  2. AccountBalance * percent/100 = RISK = OrderLots * (|OrderOpenPrice - OrderStopLoss| * DeltaPerLot + CommissionPerLot) (Note OOP-OSL includes the spread, and DeltaPerLot is usually around $10/pip but it takes account of the exchange rates of the pair vs. your account currency.)

  3. Do NOT use TickValue by itself - DeltaPerLot and verify that MODE_TICKVALUE is returning a value in your deposit currency, as promised by the documentation, or whether it is returning a value in the instrument's base currency.
              MODE_TICKVALUE is not reliable on non-fx instruments with many brokers - MQL4 programming forum 2017.10.10
              Is there an universal solution for Tick value? - Currency Pairs - General - MQL5 programming forum 2018.02.11
              Lot value calculation off by a factor of 100 - MQL5 programming forum 2019.07.19

  4. You must normalize lots properly and check against min and max.

  5. You must also check FreeMargin to avoid stop out

Most pairs are worth about $10 per PIP. A $5 risk with a (very small) 5 PIP SL is $5/$10/5 or 0.1 Lots maximum.

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