Lot sizes you should use when day trading

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This video, in my opinion, explains exactly why you keep blowing accounts! I explain exactly WHY determining your lot size is one of the most important decisions you can make in trading. Your lot size is literally the difference between risking 10% on a trade…or just 2%. I hope this video helps! It's more of a psychological video – because it determines which contract you enter into. If your mind is so fixated on making a lot of money fast, you will surely blow account after account. So stay tuned for the psychological part at the end.

This video is for beginners! Some beginners don't know what batch size to choose, WHY they should choose a certain batch size, and how it will affect them in the long run. Hopefully this simple breakdown works from my perspective!

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DISCLAIMER: I am not a financial advisor. The videos on my channel are for educational and entertainment purposes only. This channel shows how I invest and day trade, but does not suggest that a viewer of this channel should use any particular strategy. Investing of any kind involves risk and past results are not an indicator of future results. Your investments are solely your responsibility and not mine. While day trading can produce serious profits, it can (and often does) also bring the likelihood of serious losses! If you decide to invest, make sure you do your own research to fully understand the commodity class and how the market works before doing so. You could incur a loss that exceeds your initial investment and therefore should not invest money that you cannot afford to lose. The fluctuations of the market can work for or against you. You should carefully consider your investment objectives and experience before deciding to trade the market. Again, what you invest in is entirely your responsibility. Videos and written descriptions are © 2020, Christopher Williams, all rights reserved.