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indeed it is risky pengguanaan large double lot. keuntunganpun too big. I think this kind of strategy in both the use to when we feel one open position. example: we buy a lot of open positions 1, then because of the great movement we are experiencing an error downtrend. we open in a dangerous position, and to avoid the MC we open a sell position with lot 2. This kind of system is the key, but with the double point can cover first losses.
Whenever we double the lot size then it automatically doubles everything related with it. First of all our used margin will be doubled and after that our commission will be doubled and profit and loss both will be doubled. If we win the trade the with double profit our happiness will be double OR if we lose the trade then with double loss our sadness and tension will also be doubled.
it doubles the lots means we also doubled the advantage but we will also double the rate of loss, if this continues and we do not have a good MM it does not rule out the possibility of our account will only end up with MC ... we must careful before double lot, don't use more than 10% from your margin risk...Quote:
Originally Posted by sunil
when doubt lot give us doubt profit at the same time its also take us doubt loss and if more than account washout. so i think its better to go slow when there is low risk . though there is low profit but atleast our capital is save.
I dont think it is a good strategy because a trader can not increase his lot volumes unless his account is an affordable position to do so. A trader have to follow his MM strictly to keep his account safe from MC. So double lots will give you double profits but it will also give you a quick margin call.
double lot, double profit and double loss is not matter as long as we have a good money management.. we have to know the risk if we use high lot, we can open position again if we have no enough money,, i will choose use a small lot, but i can open position more,,,
Double lots double profit , it is correct. But some times double lots is double loss. So when you want to trade you should to follow money management strategy . without money management no can gain in forex market. You should to take a target in daily or weekly. When your target will fulfill , you should not trade more.
no doubt, double lot can give you double or tripple profit but could be harmful if yours position hitted to stop loss or it may also invite you for margin call, so I will not suggest you to use double lot size and should show patience for minimum profit, and minimum loss.Quote:
Originally Posted by newentry
of course, double lots = double profit and double risk too.Quote:
Originally Posted by newentry
in the trade would have time to do that, but still must use them wisely and with proper calculations or analysis. this is to avoid unwanted of the risk. The scalper is usually used double lots to accelerate profits because they are just taking a bit of pips as his Target Profit and used repeatedly.
i think this theory of double your lots double your profits is very misleading from a money management point of view ! we should only double our lots if money management say or allows us to do so . just doubling or lots could bring disaster even if we are making profits . it entices greed which can kill your a/c