Calculation of transaction volumes
Greed in trading is the main enemy of any player in the forex market, it is this feeling that forces you to open transactions of the maximum volume and keep them to the last. It is the large drawdowns and the discharge of the deposit that are causing the greatest harm, so for a stable job, one must competently learn how to manage the volumes of trade.
There are several schemes for managing the deposit of the trader, they are all based on the same principles.
The main ones, of which you can name the size of the account, the desire to earn, the time range of trade and the nature of the trader. You decide for yourself what is more important for you stable earnings with low risk, or a chance to earn a lot and quickly, but with a high probability of losing everything.
In most cases, it is the amount of money on the account and the desire to make money that determines the trading strategy. This approach usually does not lead to the desired result, so before you start trading you should immediately decide why you came to forex try to win, or find a new job with a stable income.
In the first case, there is no question of managing the capital, you simply set the leverage from 1: 200 to 1: 500 and open the order for the entire amount of available funds. If you’re lucky, you can increase the deposit amount several times a day.
But if you really want to learn how to trade, you need to use a slightly different approach to trading, increasing the available funds for trading not at the expense of leverage, but by replenishing the account.
Your money should be enough for three secured transactions, the leverage is not more than 1: 100, there is a clearly pronounced trend on the market. For greater clarity, consider the planning of the volume of transactions on a specific example.