Too many entry will kill you.

[dmambi]

Since i do trading with lowest lot available for trading i am not worried much about the number of entries per day, as long as they are in the direction of long term trend. I feel it is better to do trading according to our risk appetite to handle the loss.

[will]

if we only use 5% of the margin I think it is too risky to trade so that we can still safely in the trade we need to do is improve the ability to trade, so we will be able to get a better profit opportunities

I don't think that is too risky to use 5% of our margin for one transaction because if you targeted 5% equity then your target
is same too, 5% profits too. I think it's safe enough if you limited about 1-5% daily profits and daily risk for trading. But you
must limit about how many orders in a time too.

[iwan]

it is true, because our margins will be too much in use, the spread will also increase. our example in the OP pair EUR / USD with 3 spread, count yourself when doing a 10x OP.

[raka999]

I tried to strictly trading. I only trade a maximum of two times a day. if in one trade, I make a profit then I would immediately close my metatrader. but, if the first entry is a loss, then I will repeat once again. if still loss, I walked away from mt4, awaiting the moment the next day.

[joko]

i am not agree with you that too many entry will kill us.
in my view we can trade with too many entry but all trade in trend direction and with some interval of pips. many time i trade with many entry in same pair but always use stop loss.

It's possible to trade with many pairs and gaining profits when your open position is right but if your analysis was wrong and your
open position are wrong, it could bring big losses in a time. That's the risk to open many orders in the same time. Although you used
stop loss, if all of orders are hitted in its stop losses then it is possible to experience Margin Call too.

[amin0x]

hi, i just want to share my opinion ....
too many entry will kill you ....
how many entry / day is suitable for you ??
i ussually takes maximum 3 entry ...... when i set 3rd entry i must stop
whatever i profit of loss ....
just say, i just entry when i really sure the market is on direction what i think ...
but when i entry, and the direction is wrong, i'll cut the loss .. and wait for another chance
3 entry maximum is good .. to train your to stabilize your performance

yes this is a good idea ..that what we call a strategy discipline .. you stick in your strategy what ever was the position of the market..this way ,i m sure that you will get a good profit ..good luck friend

[newentry]

of course, if the trader open position too many, then they just take many risks too and this is not good when the trend against their orders, they will accept many losing and for this condition they need good ability to overcome the situation, for me trrade at one or two pairs is more enough for me and make me comfortable

[joget]

Too many entry will kill you?
not for most traders, especially those that have the ability scalping and rebate hunter!
with the use of scripts or tools that can be used to close all open trading positions it opened a lot of entry will not kill your account, even with the proper strategy and timing will be able to increase the amount of your accounts in a relatively short time.

[clickme]

Yes, over trading or open too many entry will kill you, it is quite and best true, forex traders who do not concern about it may be not a good trader. so according to your deposit amount and you skill level, set the strategy and set your risk level as money management golden rules, that never be broke.

[krishan]

In my point of view opening many entries at a time is not a good choice. This will divide your consentration and will effect your analysis. If you are a long term trader then it can be done but you should have a large capital. But for day trading and especially for scalping trader should open not more then 3 to 4 entries. I do scalping i always open one entry at time, sometimes two but not more then to.