HOW TO HANDLE LOT SIZE AFTER A PROFIT

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  • Profile photo of Berenice Crooks
    diana01
    Participant
    Points: 16
    #5875

    As I trade, my capital went from 5000 to 6500. Do I haveto always recalculate mylot size according to the new capital or can I keep it the same?

    Profile photo of Kianna Borer
    deshawn-block
    Participant
    Points: 227
    #5938

    You will always have to recalculate your lot size. However there is a script that can do this for you automatically without you bothering about the lot size calculation. The only thing that must stay static based on the back test of your strategy is your percentage risk exposure. Your lot size will vary depending on the distance between your trade entry price and stop loss price.

    Profile photo of Erich Bartoletti
    pollich-leopold
    Participant
    Points: 291
    #7665

    I think you should re-calculate the lot size every time you go for trading. Sometimes you will be more sure about winning the trade, then you can set a big lot. Again sometime there happens some big movement in the market, this can cost you a lot money. So you need to be careful about the lot size when there is any announcement.

Viewing 3 posts - 1 through 3 (of 3 total)

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