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Sergeant Major
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- 1,130
$0.01 per pip gives you a lot more room to make trades if you are working with an account that small.
That's right. Using 0.01 lot size will be safe enough in trading especially if you're using cent account, it will be safer. But different trader has different point of view about proper lot size in trading with low amount of capital as low as $100. For me, it's better to use the lowest lot size in trading because I will focus to realize consistent profit first than trying to gain big amount of profits.