We know the market is always challenging and one may loss or profit money here.Suppose you met a serious loss and you now thinking that you have to recover your loss soon.In such a bad situation in which lot/volume you will prefer to trade?
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We know the market is always challenging and one may loss or profit money here.Suppose you met a serious loss and you now thinking that you have to recover your loss soon.In such a bad situation in which lot/volume you will prefer to trade?
very recently i lost my entire account due to a bad decission i made. but i havent got diheartened and i'm thinking of trading on the long term instead of scalping. i plan to begin again by trading small lots like .01 and so on.thereby minmizing the risk of loosing the account.
i think there is no such bad situation we know in advance and you are talkin about the rapid changes in the market then you if know in advance can also convert it into your favourable condition.
When I loose a big amount in forex i mean in a bad situation the volume how i prefer to trade is 0,5 because i think this volum is More safety . so To avoid further loss i advice all biginners to use risk managment and money managment to a avoid this bad situation Which affect our business .
The best I trade what I want to do is Rasc money as large as 1000000 dollars for which he used a point I do not dress them well and win without risking capital to form a large b where the guarantee by the ratio of trading with a small capital.
In a bad situation or slow moving market I keep stop trading .
Because it is not profitable for trading in a slow moving market.
Just recently I lost my account because I was poor voluntary decision. But since I do not really diheartened I think long term and scalping byasa. As 0.01 and the risk of loss as I on.thereby minmizing small amount of the account to start working on.
in the situation I got a big loss then I would not think to return my money that has gone before I do an evaluation of my trade. I prefer to stop trading for some time to calm my mind and then evaluate my trade. and after that I went to pursue profit from forex trading in order to return my money has been lost...
Don't try to recover your lost money. Let bygone be bygone and start afresh. That way you won't trade with vengeance, which is one of the mistakes which make a lot of traders loose money.Quote:
Originally Posted by ghanchifarhan
we need to know the market condition then we can make set the lots size with very well and do not take the higher risk for it
and for this condition i just reduce the lots size and think to trade with safely