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Thread: Always lower your trade size when you are trading poorly.

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    Member pitra7 is an unknown quantity at this point pitra7's Avatar
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    yup, i think this is good answer for trader with few knowledge about forex... if we don't have skills and yet profit consistently we must trade with lower size lot... i think we must do it until we can profit consistently, if we can profit consistently we can use maximum lot size...
    success is my right...!!!

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    Senior Member Chelsea91 is an unknown quantity at this point Chelsea91's Avatar
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    lowering trade size is a must according to your balance, you should not exceed the limit of money management and make risk more than you can afford because it is the main cause of loss in Forex specially among non experienced traders

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned heru is on a distinguished road heru's Avatar
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    Quote Originally Posted by sweetrevenge88 View Post
    Yes...I do that lowering my lot size every time I have two consecutive loses already. I am afraid that my third loss would really deplete my trading capital in to worst condition. Sometimes if I have one lose for the day I just stop trading.
    true master, the lot size is very important dalanm forex and also very risky, we have to be careful in using a lot, if we do we have a small capital then we also have to use a lot with a small size, it is done with the aim of strengthening the margin account

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by Jyotibiswas View Post
    Always lower your trade size when youre trading poorly.

    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.
    higher lot size means higher risk. that's why we should calculate our lot size according to our investment. i think to make good amount of pips we need a capital of at least 1000 pips. that's why if trader invest $500 then he should never take lot volume more than 0.5 unit. if someone invest more than $1000, then he can consider his lot volume as 1 - 1.5 lot volume. i think it is the safest way of trading.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member Ownway is an unknown quantity at this point Ownway's Avatar
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    Yahhh...! This can be done that always take the lower size or rate of the lot size bcz if u think about the trade and also if u have any mistake then this will help u to recover ur session. Actually trading poorly is not good but this is a thing of technique.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member pish is on a distinguished road pish's Avatar
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    thats how people work their trades they are able to do a lot of good things they always make sure that they understand everything in trading and make siome good in trading and making good analysis is a good idea to, there are a lot of mistakes you could make while trading these market.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member jennilyn is an unknown quantity at this point jennilyn's Avatar
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    I agree. When you know you're not doing good at all, lower your trade or consider to stop trading for a while. It's the best option that you can do to lower your losses.
    InstaForex
    jennilyn

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    Member Anis is on a distinguished road Anis's Avatar
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    well once my master always change the level of my lot when the market is not friendly to us so essentially if the market is volatile trading then we should not and do not take the risk because the consequences are very fatal for us and our own fund
    Last edited by Anis; 2012-10-20 at 12:40 PM. Reason: slow internet connection

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    Senior Member tokobenny is an unknown quantity at this point tokobenny's Avatar
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    i see,but i still didnt accept that loss i obtained and desired to makes order in same amount or doubling size by raize leverage,this are
    my weakness because i didnt accept loss i made in past trades

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #171
    Senior Member fxmentorbd is an unknown quantity at this point fxmentorbd's Avatar
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    I think, All good traders follow this rule. Why continue to lose about five lots (contracts) to trade when you could save a lot of money by lowering the size of the market up to a lot on your next trade?If I have two losing trades in a row, always lower my commercial format until a lot of one.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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