The amount of PIPS to Trade and the way you trade them

Beginner Questions
1

Hello

I have questions?

If I have the balance to trade 3 Lots for a single transaction:

A. it is better to trade all three Lots or

B Trade 1 Lot Three Times

and

what is the most amount of lots you can trade and still be under the radar ??

THANKS

2

That can be long story so better search and read more about Money and Risk management in Forex.

3

Thanks but that does not help

4

The only way i can scale into and out of a trade is by trading smaller lots. Just remember to manage your account RISK accordingly.

I would NOT trade 3 smaller lots at 2% account risk, for each trade (6% total)
Rather, 3 lots at .05% risk for a total of 1.5% overall account risk.

5

@LivinCoDream has some good advice there.

I’ve seem to have misplaced the BPS…

So you will have to type - determining lot size - into the search bar above. You will get some great information! I did!!

This info should be book marked, copied, or committed to memory!

Good luck and Remember… always go for the MG first lest you become a partner at Flounder, Ring and Lost where losing is always an option!!

KC