What trade size and leverage to use in forex?
Feb 17, 2021 at 10:00
Mikehamilton posted:I am yet to sail that boat, kind of doing okay with fixed stops at the moment. Maybe ill try trailing stops in demo.deckking posted:The risk can be further mitigated through the stop losses. I have been using fixed stop losses for all of my trades through etoro but I saw that trailing stop losses are far more useful when I started trading with fxview. There is much more flexibility.
Leverages are risky but when you are trading micro lots it can be boon for the traders because then with little amounts and NBP you can trade many positions.
Feb 18, 2021 at 05:41
starlavey posted:Agreed, these numbers will always vary according to what choices is a trader making concerned to risk and capital. One should be careful while using leverage though.
Trade size should always be on the basis of risk capacity. Leverages should be on basis of the trader and what is the ratio of win in the particular trade.
Feb 18, 2021 at 13:32
There’s a certain % that you must be prepared to lose in a trade, based on that, calculate your leverage ratio and trade size that you want to use. What I do is, instead of investing all of my capital in one go, I split my orders on micro lots of fxview, xtb and trade. So your style of trading and preferences are going to shape a lot of things.
Miembro desde Nov 11, 2020
posts 34
Feb 19, 2021 at 13:33
ele020 posted:But I literally got convinced here that whether you use low/high leverage, percentage you are gonna use is only proportional to your capital, so it doesn’t really matterjaspertan posted:Rightly said mate. Higher the leverage higher are the chances to blow up your account.
I think the best method to determine trade size and leverages is what is your risk taking capacity. Because if you take high leverages or bigger lot sizes then it will destroy your capital
Feb 20, 2021 at 08:31
Kylealker87 posted:It is true only if the market is going as per your trades, but if there is a major movement in the opposite direction, if you are using higher leverage, it will multiply the losses as well.ele020 posted:But I literally got convinced here that whether you use low/high leverage, percentage you are gonna use is only proportional to your capital, so it doesn’t really matterjaspertan posted:Rightly said mate. Higher the leverage higher are the chances to blow up your account.
I think the best method to determine trade size and leverages is what is your risk taking capacity. Because if you take high leverages or bigger lot sizes then it will destroy your capital
The more your practice, the more you learn.
Miembro desde Nov 23, 2020
posts 17
Feb 22, 2021 at 03:51
Aim high! Lose a lot! Quit trading!
Miembro desde Oct 26, 2020
posts 37
Feb 22, 2021 at 13:29
That’s what I would suggest to our friend Kyle also here. Try out different plans, test them out and make for yourself a strong trading plan which should consist of a) entry and exit signs, indicators, reward to risk ratio, leverage, trade size, sl, tp.
Miembro desde Sep 30, 2020
posts 58
Feb 23, 2021 at 05:11
ramirokeller posted:I would never suggest this to any beginner. This is quite demotivating for the ones who are planning to learn.
Aim high! Lose a lot! Quit trading!
Miembro desde Sep 12, 2017
posts 238
Feb 23, 2021 at 05:40
totally depends on the willingness and affordability to lose. there is no particular suggestion or correct lot or trade size.
Miembro desde Nov 11, 2020
posts 34
Feb 23, 2021 at 11:55
perryjohn765 posted:But there has to be some math to it right? That’s what I am in search of!
totally depends on the willingness and affordability to lose. there is no particular suggestion or correct lot or trade size.
Miembro desde Oct 27, 2020
posts 21
Feb 23, 2021 at 12:29
Jakemark posted:With experiences, strategies also matter. A newbie does not have experience but can work on strategies to make profits. And if you are facing difficulties in it, choose a broker who can make it easy for you. I take help of automated trading through fxview and XM when I doubt my strategies.
If someone faced losses, doesn’t mean that everyone would experience the same. Things work differently for different people depending on the fact that how well they are with their experiences.
Miembro desde Mar 16, 2018
posts 3
Feb 24, 2021 at 07:06
(editado Feb 24, 2021 at 07:06)
Kylealker87 posted:Start out small.... Like .01 or .02. If you are making consistent pocket change, slowly increase your size. I know the small gains suck but you are practicing your strategy.perryjohn765 posted:But there has to be some math to it right? That’s what I am in search of!
totally depends on the willingness and affordability to lose. there is no particular suggestion or correct lot or trade size.
Miembro desde Nov 11, 2020
posts 34
Feb 24, 2021 at 13:12
LoMazen posted:Hey! That’s something new! I only knew of it as a sports car :) will surely look it up and research more details, thanks a ton!
The Delorean strategy has taught DELONATION to risk 2% per trade with a gain of at least 4%, a minimum risk to reward ratio of 1:2. With this risk management, someone with an accuracy of 37% could still be profitable.
