Opening big lot

Dec 20, 2020 at 09:06
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8 Replies
Участник с Jul 19, 2020   751 комментариев
Dec 20, 2020 at 09:06
Most amateur traders jump to open big lot size as it brings immense profit. But a big lot size can transform into a bad dream. You can get a margin call. Don't risk more than 2% of your capital.
Участник с Jul 23, 2020   869 комментариев
Dec 20, 2020 at 11:41
UweMoench posted:
Most amateur traders jump to open big lot size as it brings immense profit. But a big lot size can transform into a bad dream. You can get a margin call. Don't risk more than 2% of your capital.
It is essential to follow proper risk management in order to set or increase lot size.
Участник с Jul 20, 2020   298 комментариев
Dec 21, 2020 at 02:34
Every trader should work according to plan and discipline. At the same time, it is very important to follow money management. If a trader does not follow money management, he will never be able to make a consistent profit.
Участник с Jan 11, 2019   147 комментариев
Feb 09, 2021 at 11:05
personally i am not in the favor to open big lots as i believe it leads to slippage which can actually disturb the plans or the targets
Участник с Dec 24, 2020   12 комментариев
Feb 24, 2021 at 05:27
I agree with you. It is better to avoid getting a margin call and not risk so high. Keeping it to 1 or 2% is safe and sound in my opinion.
Участник с Jun 22, 2020   77 комментариев
Feb 24, 2021 at 09:25
Gracewilson1995 posted:
personally i am not in the favor to open big lots as i believe it leads to slippage which can actually disturb the plans or the targets
Exactly how i am feeling about big lots, but setting the margin call will make it quite good but I can see how slippage can get worse
Участник с Dec 11, 2020   110 комментариев
Feb 24, 2021 at 10:18
As long as you keep your risk to 2%, this is fine
Участник с Jul 23, 2020   759 комментариев
Feb 24, 2021 at 14:04
robindude posted:
As long as you keep your risk to 2%, this is fine
New traders should not take more than 5% risk per trade.
Участник с Nov 09, 2020   15 комментариев
Feb 27, 2021 at 04:52
epeeminna posted:
I agree with you. It is better to avoid getting a margin call and not risk so high. Keeping it to 1 or 2% is safe and sound in my opinion.
I think that is quite low. The possibility of profits goes down if you risk that low, in my opinion. What do others say about this?
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