position sizing

Nov 22, 2023 at 03:01
204 Views
2 Replies
Member Since Mar 16, 2023   28 posts
Nov 22, 2023 at 03:01
Are you sizing your trades correctly to ensure fear isn't the primary driver of your decision-making?
Member Since Oct 24, 2023   13 posts
Nov 22, 2023 at 19:30
Yes!

In the short and medium term, losses are normal. Position sizing should be done with the long-term health of the account in mind. When you only look at the long term, it will be harder to get shaken by individual trades.
If you are entering a trade with a fear of losing, then you are risking more than you should.
Perfection does not exist, EVERYTHING can be improved
Member Since Nov 08, 2018   12 posts
Nov 27, 2023 at 17:13
Nice small Lot size is the best way to trade with clear head. A soon as fear enters your trades, you are risking too much
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.