Don't more lots to your losing trade

[Edward Peterson]

Adding more lots can be destructive for your account. Adding more lots to a losing trade without any confirmation that market will go in favour of you is like suicide. Most newbie traders do this in the hope of recovering the loss quickly. Unless you are expert enough do not do this. Firstly try to understand why the trade is going to your against. May be you made mistake to identify the trade or market is changing it's course. It's easy to get margin call by doing this.

 

[Shallen Berry]

Adding more lots can be destructive for your account. Adding more lots to a losing trade without any confirmation that market will go in favour of you is like suicide. Most newbie traders do this in the hope of recovering the loss quickly. Unless you are expert enough do not do this. Firstly try to understand why the trade is going to your against. May be you made mistake to identify the trade or market is changing it's course. It's easy to get margin call by doing this.

It is difficult to trade profitably as well as comfortably without good assistance. The trader who think trading is really easy thing and earning is also very easy, are fully wrong. If you want to earn good money you have to ensure a secure and flexible broker. ForexOne is a flexible and transparent broker that I select. They have good educational support, high leverage 1:500, low spread from 0.4 pips, advance technologies and different trading features.

 

[godfreychege]

Adding more lots can be destructive for your account. Adding more lots to a losing trade without any confirmation that market will go in favour of you is like suicide. Most newbie traders do this in the hope of recovering the loss quickly. Unless you are expert enough do not do this. Firstly try to understand why the trade is going to your against. May be you made mistake to identify the trade or market is changing it's course. It's easy to get margin call by doing this.

I have blown up 2 accounts with huge amounts of money doing this. So, unless you are expert enough do not do this

 

[theforexarmy]

you have to consider better trade and risk management
dont let your emotions run over and revenge trade

 

[alvarogj]

When you try to add more trades and bigger trades to your loosing trades, the easiest thing to happen is to blow your account.

 

[whispea]

True story. This should be the first lesson for any new trader!