DislikedI hope you guys traded AUD/JPY swing trade! I just got out with +95 pips profit! audjpy profit.png;2151223 {image}Ignored
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