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Limit Lot Size on orders?

Posted: Tue Feb 11, 2020 2:23 am
by fxchampion
Since I have a problem with risk management and always increase lot-size when I think I am right and at that times I always lose the most.
Is there any way to set a LIMIT on Lot-size in Metatrader that sets default LOT size and it can not be altered? Preferably with a password =)

Re: Limit Lot Size on orders?

Posted: Tue Feb 11, 2020 2:31 am
by moey_dw
fxchampion wrote: Tue Feb 11, 2020 2:23 am Since I have a problem with risk management and always increase lot-size when I think I am right and at that times I always lose the most.
Is there any way to set a LIMIT on Lot-size in Metatrader that sets default LOT size and it can not be altered? Preferably with a password =)
decrease ur leverage!

Re: Limit Lot Size on orders?

Posted: Tue Feb 11, 2020 2:33 am
by ChuChu Rocket
moey_dw wrote: Tue Feb 11, 2020 2:31 am

decrease ur leverage!
That's one way to do it! :thumbup:

Re: Limit Lot Size on orders?

Posted: Tue Feb 11, 2020 3:15 am
by fxchampion
moey_dw wrote: Tue Feb 11, 2020 2:31 am decrease ur leverage!
A wise thing to do indeed!

Re: Limit Lot Size on orders?

Posted: Wed Mar 04, 2020 9:18 pm
by Torrie8
Being good at risk management is quite essential if you want consistency in your profits. Be very careful with how you deal with this issue and yes, I agree, leveraging down is a good way. You can try that.

Re: Limit Lot Size on orders?

Posted: Mon Mar 30, 2020 6:15 pm
by Bettle89
Those who aren't good at risk management, find it very difficult to achieve success. Must be careful of that.

Re: Limit Lot Size on orders?

Posted: Mon Mar 30, 2020 6:21 pm
by imontheroad
moey_dw wrote: Tue Feb 11, 2020 2:31 am

decrease ur leverage!
Couldn't agree more with this.

Re: Limit Lot Size on orders?

Posted: Wed Apr 22, 2020 6:25 pm
by Trado9
fxchampion wrote: Tue Feb 11, 2020 3:15 am

A wise thing to do indeed!
I agree on that, managing leverage correctly is of great importance while trading. Don't be too greedy while using leverage.

Re: Limit Lot Size on orders?

Posted: Wed Apr 22, 2020 8:24 pm
by imontheroad
moey_dw wrote: Tue Feb 11, 2020 2:31 am

decrease ur leverage!
Pretty much thought of that!

Re: Limit Lot Size on orders?

Posted: Thu Apr 23, 2020 2:33 am
by moey_dw
imontheroad wrote: Wed Apr 22, 2020 8:24 pm

Pretty much thought of that!
its not easy............ but once u do it u will sleep better :sweat: