How to Set a Lot That Suits Your Trading Style
Not a few novice traders still make fatal mistakes by setting trading lots that are not in accordance with their endurance capital, because they do not understand how to calculate safe and profitable lot placements and according to each trader's trading style. In this article, we will briefly discuss how to set lots to suit your trading style. Here's how to calculate the trading lot:
Standard lot = capital : resistance (20,000)
High risk lot = Capital : Resilience (5,000 - 10,000)
When taking a high risk lot, you need expert skills and maximum practice. Taking a high risk lot is recommended not to use a real account before mastering all the characters of the lot used. While using standard lots applies only in day trading. Standard lots do not apply to long-term trading.
Watch the full video below for more detailed and detailed information!
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