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it can generate double lot double profit, but should we just use a double lot at the moment we have a very strong signal and a very accurate prediction, because if we open a position with a large lot, we also will get a big risk if we are wrong analysis....Quote:
Originally Posted by newentry
yes dost apne sahi kaha money managment ko samjha kafi jaruri ho gaya hai khaas kar ke newbie ko without money management ko samjhe trade karna yani pure account ke balance ko loss ki taraf dhakelna hume money management ko dheyaan mein rakhte huye trade karna chahiye.
Absolutely correct friend and its true as day light . before so much time i blow my account to use high lot. there was time when continue two week i am in profit but when there was few trade loss i lost my control and used high lot for recover all loss within short time but i lost all my balance . so its must be need high knowledge if we want to use high lot.
trader ko apne money managemenet ke hisab se hi lots lene chahiyeQuote:
Originally Posted by anitagala124
agar aapki equity aapko allow nahi akrti ki aap ek sath do lots me trae karo to apko nahi akrna chahiye kyunki aisa karen se bahut zada lsos bhi ho sakta hai aur margin call ke chances bhi bad jate hai
This is very bad psychological factors for all traders and I think every trader do the same in his trading history, with the double lot size trade I think never make it profitable mode cause if trader make nice profit in short time frame with high lot size after that contiguously one trade will come opposite direction which make margin call instantly. In this case only good money management can secure us in Forex trading market.Quote:
Originally Posted by anitagala124
double lot=double profit
double lot=double loss too!! :p
but at strong news release you can make double profit by double lot!!! because there will be less chance to loose if you can understand the news well...
best of luck
I agree with you my friend a lot of trader are only thingking how they can generate profit in fast and big amount of money without realize thats if he doubled his lots size every time he open a new position more risk to they will have.Quote:
Originally Posted by zhyada
Yes double lot means double profit. But at the same time there will be double losses if you lose ant trade. Cause you can never tell that you can win almost all the trades. Nobody can. So if you are 100% sure about trade then you may use a double lot to trade.
That is right trading with a double lot can bring to a double profit, but this is can be profitable for you only if you have a large capital with a good money management. if no, you will meet the margin call.Quote:
Originally Posted by newentry
if the trader want to get more profti from their hard work then there are many steps for it, with increase the lots size with compound the balance or they just increase the capital at their balance besides they hahve good knowledge and strategies, of course the risk is always there and they have to accept it as their consequence..no profit no risks...big profit big risks..