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Is It Possible To Evade Loss In Forex Trading
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[QUOTE="Sotherefore, post: 286694, member: 27033"] Our lot size really matters when we are interested to trade and sometimes the lot size in our account will have to depend on the amount we are willing to risk. People that are trading with over 1,000 dollars could have opportunity to use a lot size of 0.05 but people that are trading below $100 must used a lot size of 0.01 because that is the only way you can maximize your possibility of losing so much of your money. If you are using a smaller account you shouldn't be in a hurry to make profit but the only thing you should be doing at that particular period of time is to look for the best strategy to grow that accounts to something reasonable. Being greedy is not the best because you will lose your money within a twinkle of an eye. You must know when to take profit and also went to take a loss. [/QUOTE]
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