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Different types of trading

junkmail

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How should I choose my lot size when I trade? Should I have a bigger or smaller lot size when I want to day trade versus swing trading
 
The choice of lot size depends on how good your trading system is. It also depends on the amount of funds readily available. Be careful
 
My approach would be to think in terms of risk.
Ask yourself 'how much am I willing to lose'; and remember you must always accept the fact and be comfortable with losing.
Let's say you ok risking 1% of your account with a potential trade setup, then you have the amount in cash and therefore you can calculate the lot size. There are many lot size calcs on the net and I have one setup in meta4. Just remember to think in terms of risk/capital management, I have seen too many people blow their accounts because of poor risk management and/or not understanding lot size.
Trade safe.
 

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