I hope you guys traded AUD/JPY swing trade! I just got out with +95 pips profit! audjpy profit.png;2151223 {image}
I wanted to know an aspect about the swing trades.
Most of the times the S.L's here are in the margins of 100-150 pips. Thus Quiet Large.
it could be that the price moves in the magnitude of (-)ve 100 before (or never..brrr
) to turn around.Taking a situation where the price will come around after spending a time in the (-)ve zone, it could happen that the unrealized losses can make an account go stop out(even though the trade is not over). I am just thinking out loud here.
On the flip side, taking the trade with minuscule lots may not be motivating and to change lots on the fly when the price is in green pips zone , will land the user in a not so-favourable price bracket and the amount of pips to be made would also reduce.
would look to some advise what could be a 'suitable' lot size calculation for these kind of trades where the S.L is in margins of 100-100+ ?
Thanks
. I appreciate that those who are trading with a small bank might consider it almost not worth doing, if that is the case then you can go ahead and use a larger portion of your bank, but my advice would be to reduce the level as soon as you can bit by bit until you are trading with a lower portion of your bank. Hopefully all those here want to be in the game for some time to come, and if your bank is blown by taking to big risk, firstly you are back to square 1 and secondly you confidence is shot to pieces. 
