Double Lots = Double Profits.

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.

Every one knows that if you trade double the lot you will have possiblity of doubling the profit, but it will have double risk and apply double spread as well - for this higher leverage will be used and so it may put account on risk.

i will take it like this.....double lot= double loss....because if market moves against your open positions, then it will even take few minutes to blow up your account...so i will never advice to trade with double...it is wise to only trade with small lots and make a little and continuous and permanent profit...you will always be on safe side , if you trade with small lots ....and also you can make a decent profit...

alright my friend
thank you very much to remind me about it, i relalize his strategy is high risk and to avoid or reduce some loss we have to have a good signals or analysis before
honestly, i seldom use this strategy and i took it if i saw a good condition for it
thank you very much

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Originally Posted by furiya

alright my friend
thank you very much to remind me about it, i relalize his strategy is high risk and to avoid or reduce some loss we have to have a good signals or analysis before
honestly, i seldom use this strategy and i took it if i saw a good condition for it
thank you very much

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every trader must have their strategy trading in forex, i have too. for that reason we make different decision went trading with same chart. any kindly trader make their strategy with the best analysis and we can follow them for learning.

Quote:

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Originally Posted by furiya

alright my friend
thank you very much to remind me about it, i relalize his strategy is high risk and to avoid or reduce some loss we have to have a good signals or analysis before
honestly, i seldom use this strategy and i took it if i saw a good condition for it
thank you very much

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every trader must have their strategy trading in forex, i have too. for that reason we make different decision went trading with same chart. any kindly trader make their strategy with the best analysis and we can follow them for learning.
:yahoo::good::respect:

it really was a double lot will double profit but you also have to be careful also want to double lot you should analyze well when a high chance for profit then you can do it but remember to do with wise money management.

double profit with double risk or loss as you mention. it is depend on your trading style some people open mini lot for long time and some people open double , triple lot for short time some earn and some loss

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Originally Posted by speedy

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.

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Yes, we must understand of the consequences of trading with double lots. I think it doesn't matter whether we trade with double or triple lots as long as we know what we are doing. Our strategy may requires us to trade with big lot but we may get out early to minimize our risk.

it is true that double-double of lots would generate profits but do not forget that the risk in the event of loss will result in a double loss here as well so it actually should be ready to risk a big profit and the risk of loss is great as well.

when l have bigger account l will try it but in my own way.for example :l will watch eurusd,gbpusd,audusd,and usdchf and l will hunt for a clear breakout then when it happen will place new orders while following the trend,ofcourse with stop-loose and trailing stop.l think we can make a capital double in short time in a very safe way.l advice to have a kamikaze account separately then your main account.possibly it will work.it is just my idea :)yes it is risky but will you not trust to trend to a clear break up.the logic is to make sure of breakout.