aliassmith wrote:prochargedmopar wrote:aliassmith wrote:Its still possible to make money trading
Lot size is still the biggest and most important factor.
Your 47 pips.....$800+
My 80 pips.....$7-
I don't see how lot size can be the biggest factor in trading profitably. I believe knowing when to exit is probably the most important thing followed by money management.
Took three 8's on this. Know when to exit. Enter trades with multiple orders, that way when you are not sure about exiting you can cover a piece of the position.