Does Size Matter?
Sunday, 15 January 2012 12:27
It's not what you've got, but what you do with it that counts, right? Wrong. If you've got $1,000 in your account, and you're trading ten mini lots at a time, you will quickly end up broke as a joke. Size does matter...in trading. Get your mind out of the gutter. One of the most common mistakes traders seem to make is entering a trade with the correct number of lots, otherwise known as "position size". As a newbie, your risk should never be more than 1-2% of your total account. That means if
Posted: 2012-01-13 08:48:01