Always lower your trade size when you are trading poorly.

[kaji]

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.

yes, I think that it is a good decision. we should have in addressing the second planing our position so as not to get stuck in a too large folating. but it should be noted that all the decisions that we do must be based on consideration of a convincing....

[scorpian7]

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.

Well every trader has his own idea of money management which suits his trading style very well if he is a successful trader . I also lower my lot size when market become against me even I take big gaps between the trades and if this continues for longer period I stop trading on that particular pair until trend reversal is confirmed to my side.

[ragib]

i see,but i still didnt accept that loss i got and wanted 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

that's very dangerous my friend , as a trader we should accept our losses. and must have to give up the tendency of revenge trading. we should always open our trade according to our equity and proper money management.

[andhwrey]

i see,but i still didnt accept that loss i got and wanted 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

[Jyotibiswas]

Its like a batter in baseball who has struck out his last two times at bat.
The next time up he will choke up on the bat, shorten his swing and
try to make contact. Trading is the same: lower your trade size, try to
make a tick or two or even scratch the trade and then raise your
trade size after two consecutive winning trades.

[CoreMethod101]

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.

i think if we use a low lot size from the beginning there is no need to lower our lot size.
plus, don't even try to risk all of our risk fund in the first try in forex.
who knows we will not be able to master this business in a year time...
the key to making profit is first to survive the hurdles and then start learning how to increase the profit. not the other way around.

[kampung]

i am agree with it. when we are not sure about the market trend, we should not trade in high lot. better trade with a mini lot.it will help us to justify the trend with a minimum risk.

however, we see the trend in our trade that we have to remember is how we have a trade risk management because we have to control the risk of trading with good because then we will have a good trade efforts that are also good risk management

[forex mantra]

i am agree with it. when we are not sure about the market trend, we should not trade in high lot. better trade with a mini lot.it will help us to justify the trend with a minimum risk.

[fanesa G]

Just use 2-5% of our total margin capital if you want to survive in this forex bussines for long time period.. A beginner trade should think how not to get loss then how to make big profit first. After he can reduce his loss significantly then they can generate profit automatically.

[seahawks90]

thank you dear app ki advice kafi achi ha or main ne pehli dafa ye sona ha wese main sab ki advices leta houn par un sab par aamal nahi karta jo mugh ko achi lagti ha woh he main use karta houn or app ki advice par main aamal karoun ga

i must say that you also have a lot of things to implement in your trade but it always depends upon you and i must say that always trade with low volume and try to trade with 1:500 leverage and try to trade with 0.10 - 0.15 volume to make some good profit when you have small capital because its good to earn slow then loosing your whole capital at a time.