Always lower your trade size when you are trading poorly.

[toudi]

its the same in both cases , weather you gain or lose alot , or gain or lose a little , in both situatins lot size doesnt really mean ur gonna make a guaranteed profit , and that's only me

[kaushal4]

I will stop first trade. I will start to improve my performance in the trade before deciding to trade again and we will be able to understand Forex market well. Lowering a lot is a process of solving our internal ego as what we notice that newbie like me don't want to miss a day of trade so if trading is not good i just lower a lot to control the ego of going a trade a day.

[zahidul]

I think you should start Forex trading, in order to start negotiations right from the beginning, should be able to trade due to its small size and focus more on the profitable trade in Forex trading. Because it is safer for them. This will reduce the number of actual market participants to trade only in the market that will contribute to a real market.

[robel]

You want to survive in this forex business for long time period .a beginner trade should think how not to get loss then how to make big profit first.better with a mini lot it will help us to justify the trend with a minimum risk.

[Discordance]

when we are in the face of every bad trade we should do is we should correct and update strategies and find the reason why we get up and fix risks with new strategies and increase the size of the trade.

better for us who in bad circumtance are don't trade firstly you need to keep your emotion and waitng for good time to come , and then when you are feel more enough and nice you can trade with good analysis

[muamar]

when we are in the face of every bad trade we should do is we should correct and update strategies and find the reason why we get up and fix risks with new strategies and increase the size of the trade.

[vandexe]

when traders get poor trades and lose money, their capital will be deducted, so it is better if they know to caculate for money management and lower their lot side to avoid margin call in trading.

[dan.blanchot]

hmm.. I personally feel that it's depends on the system that you employ.
if it's a scalping strategy, then it's rationale to use such money management
to trade with that kind of system.. since you will only collecting small amount
of pips.

All complete trading system should have specific money management plan to
be used with. cuz some of them has higher accuracy compare to other, and
due to this... the SL is tight.. and if you are familiar with money management,
you'll see that the lower your SL, the higher your lot size will be.. and of course,
it's all related to your mm risk you allocated for your trading.

[shahine1]

Yes you are right, and we must also shop lotsize, on the basis of the size of the account, but only if we trade with a small balance, biglots, I know what it is, I made a mistake and blown my account a few times so that the killer lotsize

[marymirella]

All good traders follow this rule.Why continue to lose on five lots (contracts) per trade when you could save yourself a lot of money by lowering your trade size down to a one lot on your next trade? If I have two losing trades in a row, I always lower my trade size down to a one lot. If my next two trades are profitable, then I move my trade size back up to my original lot size.

Not a good strategy. The reason: you should trade with the same lot size doesn't matter if you have earned or not. Choose such a lot size which is suits your capital. If you trade lower lot size on winning positions and higher on losing positions, then you will not earn somuch, than you would trade with the same lot size.