How many lots do you trade? - Page 3
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  1. #21
    NEVER risk more than 2% of your account per trade. And never more than 10% at any one time (all trades combined). My average size trade is .5% - 1% per trade.

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  2. #22
    Join Date
    Nov 2013
    Posts
    152
    i trade with risky that i allow.i allowed 3 % . i will base on it to calculate volume. it is effective we calculate lot before we has risky limit.

  3. #23
    Join Date
    Jun 2015
    Posts
    110
    I mostly try to trade with 1 or 2 lots, not more than that. I want to remain focused on on one position . I can manage it easily. bog lot seems attractive to gain profits but new traders should avoid to take this risk.They should get practice on low lot.

  4. #24
    Join Date
    Nov 2011
    Posts
    394
    Nice , You mention good point high lot is attractive but not easy to handle for beginners. Only professionals can do good with it . They choose best time to take high risk with big lot or more use more than one lot . They also make plan before how to deal with it. Then big lot can become profitable to them. I also trade with 1 lot normally.

  5. #25
    Join Date
    Feb 2016
    Posts
    132
    Quote Originally Posted by Pipcrawler View Post
    The benefit of trading more than one lot is that you can cut down your position once certain profit targets are hit. That way you can create risk free trades and possibly capture more profits.
    The reason to trade with more lots is this that pipcrawler refered. You can cut down some of the position, for example if its profitable you can save some of your profits. Otherwise, you can use the method high risk high return.

  6. #26
    Join Date
    Sep 2016
    Posts
    52
    U want to give it full shot

    C'MON market price now gbpjpy 141.40
    Take profit 140.35
    I entered now

  7. #27
    Join Date
    Apr 2016
    Location
    Singapore
    Posts
    142
    I recommend training yourself to trade profitably
    Without exposing 5% margin at any point in time.

  8. #28
    Join Date
    Jan 2017
    Posts
    13
    I have been trading for more than 12 months now and I only trade on micro lots i.e. 0.01 lot size. I am sure that it helps me to make tortoise profits.

  9. #29
    Join Date
    Feb 2017
    Posts
    2
    Surely it depends on the account balance and the profit target/stop loss? For example, If i am seeking to get 50 pips, I will adjust my lot soze to only risk around 10% of my balance if its a high confidence trade. 5% if its a low confidence trade,

  10. #30
    Join Date
    Sep 2010
    Location
    Cheshire, UK
    Posts
    2,216
    Quote Originally Posted by DavyBFX View Post
    Surely it depends on the account balance and the profit target/stop loss? For example, If i am seeking to get 50 pips, I will adjust my lot soze to only risk around 10% of my balance if its a high confidence trade. 5% if its a low confidence trade,
    This is the correct approach to have, all be it I disagree with risking 10% on a single trade, the theory is however correct. As mentioned, the size of your account and the chosen SL will determine the number of lots traded. The currency pair may also play a part in the equation should it not align with the denoted account currency.

    The profit target however, has no influence on the size of the trade - or at least it shouldn't

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