---Multiple Trading ---

[TheMazter]

Hi All,

I’m new to Forex Trading. Can anyone explain what “trading in multiple of 2” means? I read somewhere on this site that this is a good strategy.
Cheers!

[ForexNinja]

It means trading two lots at a time or an even number of lots at a time.

For example, you would enter trades using 2 lots or 4 or 8 or 10 or 12.

This allows you to partially exit trades to lock in some profit while still being able potentially capture even more profit if your trade continues to run in your direction. (Instead of having to fully exit)

I carry shurikens in multiples of two. If I’m planning to assassinate somebody with a shuriken, it’s best to have an extra just in case his bodyguard pops up out of nowhere.

[TheMazter]

Thanks for the propmt response. ie 2 trades for the same currency with the same stop loss but with 2 different limits?

[walkonwallstreet]

It means trading two lots at a time or an even number of lots at a time.

For example, you would enter trades using 2 lots or 4 or 8 or 10 or 12.

This allows you to partially exit trades to lock in some profit while still being able potentially capture even more profit if your trade continues to run in your direction. (Instead of having to fully exit)

I carry shurikens in multiples of two. If I’m planning to assassinate somebody with a shuriken, it’s best to have an extra just in case his bodyguard pops up out of nowhere.

do they have to be even numbers? i mean i can buy 3 lots and sell 2 or 1…