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itis recommended to all the beginner traders especially that to use small lot size all the time whether your strategy is working and you are making profits all the time in every trade and it is also true that if you donot have the confidence in the trade you are making then use smal
I think that should the starter of the currency dealing that when they begin the dealing at preliminary level they need to be create their business dimension little and more focus for their dealing to get the benefit in currency dealing. Because it more more secure for theme
very good if we always trade with low lot size.its save us from margin call, more big loss. we can stay in market for long time if we are trading with low lot size. but as per my view lot size is not too small we must set it according to our money management.
a really good recommendation. i have first side experience in dealing huge plenty and losing. i lost my dealing consideration due to this kind of a mistake. i did not get out of the business and therefore the reduction got so huge that my consideration instantly ceased. so my advice to all beginners is that to business small plenty because even if u reduce u reduce only a small amount. however earnings too will be low but i think a low benefit is always better than a reduction. i would happily welcome any feedback in this regards by my other community friends.
Besides calculations, analytical skills contributes in making good profit because if you analyze the market trends and market news then you can make good planning and you can know whether you have to buy or sell.capital of course also necessary for good profitQuote:
Originally Posted by hashmat
yes you are right and also we must business lotsize only depending on our consideration dimension but if we business biglots with little stability i know what scenario is taht is i have created that error and offered up my records several periods so lotsize is killer
Poor trade performance puta the trader automatically at back foot and the trade style becomes defensive at the time. It is much advised to stay away from trading for few day so you can reorganize yourself and return with same energy. While taking low volume is also good but not best
people can say.........yes you are opportune and also we moldiness switch lotsize only based on our story situation but if we change biglots with smaller structure i mate what place is taht is i hump prefab that error and dyspneal up my accounts individual nowadays so lotsize is killer
This is very good if we always trade with low lot size.
Its save us from margin call, more big loss we can stay in market for long time if we are trading with low lot size.
But as per my view lot size is not too small we must set it account to our money management.
So when we are trying to earn huge profits from our trade we should trade carefully.
yes you are right trade with small amount is best i m sharing my experiance when i m using forex than i mostly trade on Gold with 1$ or more in this why some time i gain huge profit but some time suffer from very big loss and lost my a/c permanently....