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.
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.
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.
Jan 12 at 08:49
Yes, risking more than 2% amounts for a huge loss. Sometimes, it works for some traders but only at the cost of risking their trade.
Feb 09 at 10:01
Yes, risking more than 2%of your trade or capital can turn out to be a bigger mistake than most people realise it at the time. It is important to focus on your risk management and 2% is the safest you can be.
Feb 09 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
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.
Feb 24 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
Feb 24 at 10:18
As long as you keep your risk to 2%, this is fine
Feb 24 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.
