Yes bro, absolutely right, risk = reward, higher reward comes to higher risk too.Quote:
Originally Posted by newentry
Just use our best strategy, the important is profit, right? :)))
Printable View
Yes bro, absolutely right, risk = reward, higher reward comes to higher risk too.Quote:
Originally Posted by newentry
Just use our best strategy, the important is profit, right? :)))
double lots yes can be double profit, but the other thing also need to remember...double loss, if not enough margin the account can face MC.
Better double lots when the account have a lot of margin.
Yes you are right double lots will give you double the profit, and you are also right that the double the risk also exists, therefore don't be greedy and in the process wipe out your whole capital for the sake of double profits, always be a smart trader.Quote:
Originally Posted by newentry
Double lot size means double profit if you going to earn good amount of money but its also double loss if you going to have a loss trade. The most important thing about double lots or using higher lot size is how you going to check your free margin. If you see your free margin lower than 200% then what will you going to do? Me I'm not comfortable trading if my account is lower than 300% margin. I prefer to trade if my free margin is over 300%.
it is true when we are plunged into a real trade, then how can we benefit greatly and rapidly in the deal and we often forget the good money management, it is true when we doubled the large lots but also benefit us when we got too big loss, if you ask me little that matters consistent'll eventually also many
yeah.. if you very sure about your analisis..Quote:
Originally Posted by newentry
why not double your lot..
so you can gain double profits..
i very often open a possition with full LOT.. 30 pips to MC..
win 6 x lose 1 x..
thats okay.. becouse every time i got profits .. i save my profit to my insta wallet.
so the money i risk is allways the same..
yes I think it is a double lot, will double profit, but you also use good money management because forex high risk high gain so you can minimize the risk..
ok learned it.:happy:
yups...analysis is also important when put the lot, if confident with the trade, trader can put the double lot if the double profit is the point to make the trade. But the risk is always there, make sure have a plan to face it
double lot also means double the risk, the higher the risk, the greater the chance we will run margin, forex trading for beginners better wear low risk techniques so they can more easily manage capital properly as high risk should be avoidedQuote:
Originally Posted by budado
if you have much money, it's no problem for using your strategi double lots =double profit,.
I think if you wanna Open market, you can use this formula,. lots = money/500 pips,.
or you change 500 with another number that you feel good for you,. maybe 300,. 400 or 1000,.
so,. if your money be increase,. you can use increase lots too