Opening big lot

Dec 20, 2020 at 09:06
Przeglądane 751
8 Replies
Uczestnik z Jul 19, 2020   749 postów
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.
Uczestnik z Jul 23, 2020   816 postów
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.
Uczestnik z Jul 20, 2020   286 postów
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.
Uczestnik z Jan 11, 2019   140 postów
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
Uczestnik z Dec 24, 2020   12 postów
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.
Uczestnik z Jun 22, 2020   69 postów
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
Uczestnik z Dec 11, 2020   81 postów
Feb 24, 2021 at 10:18
As long as you keep your risk to 2%, this is fine
Uczestnik z Jul 23, 2020   696 postów
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.
Uczestnik z Nov 09, 2020   13 postów
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?
You must be connected to Myfxbook in order to leave a comment
*Komercyjne wykorzystanie i spam są nieprawidłowe i mogą spowodować zamknięcie konta.
Wskazówka: opublikowanie adresu URL obrazu / YouTube automatycznie wstawi go do twojego postu!
Wskazówka: wpisz znak@, aby automatycznie wypełnić nazwę użytkownika uczestniczącego w tej dyskusji.