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Let's not talk about grass in front of Ayrat.
pourquoie pas
pourquoie pas
:)
"Dad, don't look at the butts, look at the feet.
There's cops everywhere' (c)
The 500pp stop option is a variation of trading without stops - what is the first lot?
It's not that simple...
Shall we begin, shall we?
If with a 500pp stop the target is 10-50pp, then you are right. And if the target is 1000-3000pp, then the logic will come out. And so that a 500pp stop does not become a killer for the deposit, there are microlots and cent accounts if the deposit is not large. Trading may be considered as a hobby if you have a deposit less than $50-100k because you cannot cover your living expenses even on 10-20k deposits.
If with a 500pp stop the target is 10-50pp, then you are right. And if the target is 1000-3000pp, then the logic will come out. And so that a 500pp stop does not become a killer for the deposit, there are microlots and cent accounts if the deposit is not large. Trading may be considered as a hobby if you have a deposit less than $50-100k because you cannot cover your living expenses even with 10-20k trading.
Affirmative. You won't. Expenses are increasing faster than revenues. That's terrible.
And a stop triggered at 500pp. - The result is the same, whether it is a micro account or 100 thousand - the percentage of (potential) losses will strongly affect the initial lot. That is, trading with such stops is a hobby. Besides, I think the term of such a deal is from six months and more, what if the loss is minus, for example, 3 months.
You seem to be having trouble with maths. Let's do the math together:
Let's assume a deposit of $10,000. With a 0.1 lot and a 500pp stop, the loss will be about $500 (depending on the currency pair). That is 5%. Is it a lot? Do you need 2%? Set the lot at 0.04 and that's it.
No money for a $10,000 deposit? Put $100 into a cent account and trade like on a $10,000 deposit.
Wrong? Correct it.
Are you confused by the term? So it takes TIME for profits to grow. After all, the huge floating losses that stoically sit tight don't build up in one day and hour either.
Do you need fast and big profits? That is one of the reasons for the losses.