Increasing contracts in trading forex?
Jesse R asked:
How do you personally increase your lotsize for money management related to forex? Do you just increase it when account balance increases? For example, every time account balance increases by 100, then add a lotsize unit by 1?
How do YOU do it?
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How do you personally increase your lotsize for money management related to forex? Do you just increase it when account balance increases? For example, every time account balance increases by 100, then add a lotsize unit by 1?
How do YOU do it?
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One Response to “Increasing contracts in trading forex?”
For your size so that you can afford to trade with small enough lot size so that you can afford to increase your losses and decrease it in your size slightly at the end of losses and decrease it in response to be overconfident in response to have long string of each.