I am trading with margin 25% because I don’t want to lose my account in a few days. I want trade always with this capital and want to increase my capital on daily basis and earn profit also from trading.
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I am trading with margin 25% because I don’t want to lose my account in a few days. I want trade always with this capital and want to increase my capital on daily basis and earn profit also from trading.
well you are riht i think that the fx markets it half by half i mean half for win and half for lose and the best solution for avoid the huge lost is the best management of the capitale for me i think that the take profit at 50 and the stop loss at 30points is the best management and trade always with 7% of the capitale or 10% as max lot size
the amount of margin is not related directly as we can use leverage and reduce the margin size.Its only the lot size and amount of pip sustainable.(if the price goes completely against you ,the number of pip so that you will get MC)
for example ,a day trader will open lots like that 1500pip is their safety.So the balance is $1500 and the lot size opened in 1 IFX lot .
You can save yourself from margin call. You don’t use your all capital in trades if you want to save from margin call always you spend maximum 50% of capital in trades and when you feel you 10% investment consume in loss close your trades.
as a beginner it's too risky to put your trade with 50% of the total margin. even a professional traders only put maximum up to 7-10% for each trade. I think you should lower a bit of your lot size. After you're able to raising your skills and knowledge then you can put bigger lots, but only step by step. that way you'll be able to survive in this market.
the amount of margin is not related directly as we can use leverage and reduce the margin size.Its only the lot size and amount of pip sustainable.(if the price goes completely against you ,the number of pip so that you will get MC)
for example ,a day trader will open lots like that 1500pip is their safety.So the balance is $1500 and the lot size opened in 1 IFX lot .
Ofcourse we should manage our margin efficiently, that is margin which allow us buy or sell, in case we dont have enough margin left we cannot open trades and if our trades goes in loss margin keep on going down and there may be a situation when we get margin call.
Management is the basic of trading forex , so trader required to be manage their capital for good trading and better to use the scalping to get the profit and make their trade size small to save their capital from risk.
I usually using high margin for ranging strategy, but when I trade the news or daily trading I usually use low leverage margin for efficiency.