With the recent Finreq legislation and other similar changes, we recommend that you have sufficient equity to trade 1 full lot according to the leverage and other details allowed by your broker. You also want to make sure that you have enough money in your account so that the number of lots you prefer to trade will not accidentally trigger a margin call by your should your trade go seriously against you.
In general, these things are NOT an issue with Logical Forex. We rarely risk much in our trades, and our stops are usually nor more than 3-5 pips (depending on the curreny pair we are trading).
You can always trade LESS than 1 full lot (and we often do!). This also allows you even more "safety". For trading 1 full lot of our favorite currency pairs (EUR/USD and EUR/JPY), we recommend that you have around $2,500 – $5,000 USD at a minimum.
Again, since we are scalping in forex, our stops are small, and our lot sizes must also reflect an intelligent balance between market "tradeability" and our own risk tolerance. Be smart.
