Replies to post #101417 on Simple's Green Room

[Qui-Gon Kagi]

Right SG....well I know that with those high, high risk lot sizes it's just a matter of time before either the trade platform freezes and fails, or an electrical storm causes power outage to the home computer, or some other circumstance or emergency outside ones control, will prevent closure of a losing position. Knowing this, it's absolutely and logically demanding that a person keeps margin risk as low as possible while still allowing for steady and ample profits. I always consider that reality, but sometimes not until I've found myself loading up too many lots too close together. lol Even with a more reliable platform that alpari has so far been, I don't even trust the broker to close out pending stop loss orders. So its always necessary to keep margin risk at conservative levels.

Rule number one......buy low sell, high......rule number two......no 200k lot trades! LOL