Why do you need to choose a small lot size?

[Potuse]

A trader should be able to identify the best lot size to choose for himself whenever he is trading. This is very critical and it is phenomenal to the type of trading style you are to adopt . Using a small lot size could be a way to preserve your account as well.

 

[eenya00]

you should choose a small lot size if the capital you are using to trade is very small and you do not want to risk it as this might lead to you losing all of your capital on the long run

 

[Planbizzle]

For a variety of factors, traders may opt to use a smaller lot size when trading forex. One justification is to control their exposure to risk by minimizing the quantity of capital they put at risk in a particular trade. Traders can lessen the possible effects of market volatility and prevent significant losses by employing a smaller lot size.

 

[Ononivami]

A smaller lot size gives you opportunity to limit risk to the barest minimum . Besides, small lot size would not make you a huge money at once but it is preferable.

 

[Joy123]

By trading small, the outcome does not affect your emotions and you can handle the results and continue to trade your strategy without booming overly emotional.

 

[Danny4cash]

I don't think it's compulsory to choose a small lot size for forex trading. Choosing a small lot size is only important if you're trading with small capital. The small lot will help reduce or minimize loss to bearest minimum.

 

[Ononivami]

One of the things I love choosing a small lot size for in trading is because it will minimise risk . Traders who are really interested in adopting proper risk management would always use a small lot size.