Double Lots = Double Profits.

[kaji]

dear all members
i need your opinion
how about this
double lots = double profit but do not forget double risks too
thank you

it can generate double lot double profit, but should we just use a double lot at the moment we have a very strong signal and a very accurate prediction, because if we open a position with a large lot, we also will get a big risk if we are wrong analysis....

[patil]

sirf greedy aur emotion hi loss ko anjam nahi dete hai agar trader ki strategy achchi nahi hai to wo apne loss ko khud hi anjam dete hai knowledge aur experience ka bhi bahut bada haath hota hai forex mein sirf greedy aur emotion par depend hokar trade nahi kari ja sakti hai..

[ericnyamu]

whenever am trading i always like to convince myself that i can trade another lot ontop of the lots am trading . its always good to prove to your self you can trade big lots . otherwise you might have one nice day of profit and start trading big lots only for your loss to wipe you out

[mhchomsi]

be careful for playing with huge loss because chances of account blown and MC always. I like to play in forex market not take such huge lot size. but taking profit by konsisten

[kamrul10]

double lots means double profits or double loss.so its depend on us that we will going to take high risk or not.but a good trader will not trade with bad money management and will not take high lots in trading forex filed.

[ericnyamu]

most of the time when you are doubling you lot size you need more margin and if you donot have good money management they you'll be doomed and you'll end up making the same mistakes and get a possible margin . its very important to see that you are within your money management rules when you are trading double lots because you can get a margin call.

[CoreMethod101]

double lot is indeed double profit provided that the trader can use it appropriately because if not the trader will incur a double loss.
this is why it is wise to double your lot only when you deserve it (when you can make consistent profit).
earn the right to do so and then use double lot, until then just use regular lot.

[joget]

if you have plenty of time to analyze market conditions and pay attention to price movements, then at the appropriate use of double lots are a great way to increase trading profits.
I mean here is not used double lots in single trade, but I prefer the split into two or three trades. this is to minimize unwanted of the risk.

[sasa0220]

I'd rather take a small profit per trade by trading small lot size. Because that way i can make a stable income with out taking so much risk. I'd target long term trend and try to collect more pips.

[dmambi]

I think that we can't take extreme risks anyway. Because its more important to remain safe than making bigger amount of money in a short time. We should use a good money management always...

I do agree with you, because loosing our account makes us to feel low and demotivates us from Forex trading . Also takes lot of time to build the capital for trading again. So instead of trading with big lot size orders and risking the capital it is better to trade with small lot orders and keep slowly and steadily growing.