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How Using A Small Lot Size Can Preserve Your Account
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[QUOTE="Sotherefore, post: 287527, member: 27033"] Lot size is very important. You cannot be using a bigger lot size when your capital says otherwise. All these things are to be put into consideration to be able to carry out an effective trade with lower possibility of blowing off your account. I have been practicing a demo trading for sometimes and I understand the risks involved in trading a huge financial market without knowing the type of losses in needs to use at a particular trade. The higher the volatility of a currency pair the lower the losses that should be use . That is my own personal observation just as to prevent you from using a higher losses in a volatile pairs like gold and jpy. You have to understand that no matter how accurate your analysis will be , without proper risk management the possibility of losing Even with high accuracy signal is still very high . [/QUOTE]
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How Using A Small Lot Size Can Preserve Your Account
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