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Please give up this test. FXDD only offer 1:100, instead of minimum requirement of 1:200 for 1k account. Besides, 1k account trading 0.10lots, that is totally insane = 10% for initial lot size. Its suicide trading
0.10 = 10%
0.20 = 20%
0.40 = 40%
You're now fully exposed your margin at 70%, at this time, market move away 30pips, you're margin call.
Regards
DavidShould I start over on another platform or sit out for awhile?
Rick
Should I start over on another platform or sit out for awhile? Rick
Well, up to you mate, you can try your luck though. I will recommend you to stick with lower marginal exposure, such as start trading with 0.01lot in order to protect capital even the max trade hit SL, it will not put us out of business. Thats my recommendation to you. If possible, start a demo account with the broker you like to run live with them. Put the initial deposit assume that figure you're going to go live with it. Do not run multiple currency pair, just decide which you're more comfortable with. Stick to it, run for a while, then you'll understand more about that particular currency behaviour. My personal recommendation is EURUSD only. The market retracement is always there. I'd like to play with GBPUSD, because the spike is greater then any other pair, but its a double sided sword. 1 wrong signal will put us out of business. Therefor, demo it for awhile, if everything works fine, you'll have your own answer, whether decide to put it live trade or scrap it. Hope this help
Regards
David
Has anyone traded the GBP over the past few days? If so, what was your results and settings?
I only trade the EUR/USD and reduced my risk taking David's good advice. The good part is that the EA made money again, but curious how the EA held up with the spike of the GBP on 4/16-17. Did anyone trade the pound?
Thanks
results
Hi,
Another good day for RB26DETT !
1st statement all default on 4 majors and 2sd EUR only with agressive = true.
Thierry
LIVE
real ibfx miniaccount 1.469.72 start
default settings
eurusd m30
win 3.20 on 3 levels
i will put the statements when i know how eliminate the account number and name
tomorrow i go sleep
It seem that money management stays on in IBFX even though I turn mm to 0... Any ideas?
N2
It seem that money management stays on in IBFX even though I turn mm to 0... Any ideas? N2
Lots= this is the section to decide the initial lot size for the 1st trade when MM=0
MM=0 disable money management, 1 enable money management
Regards
David
Hello everyone
I was away for few days due some sickness.
I have found the account went down so badly with 3 times margin call
http://64.22.94.126/RB26DETT.htm
I will restart testing without money management and use the minimum lot size and with 3 pairs only.
Hello everyone
I was away for few days due some sickness.
I have found the account went down so badly with 3 times margin call
http://64.22.94.126/RB26DETT.htm
I will restart testing without money management and use the minimum lot size and with 3 pairs only.Belive me, its works fine with ONLY EURUSD. Margin exposure with 1:200 leverage can go up to 2% for the initial lot size. You'll amaze your account hard rod like a viagra consumer!
Regards
David
Lots= this is the section to decide the initial lot size for the 1st trade when MM=0
MM=0 disable money management, 1 enable money management
Regards
DavidYes I understand that but the problem is the platform will not make any trades unless mm=1.
I would like to only trade .01 lots but I can't because it forces me to use moneymanagement.
Thanks,
N2