going back to business,
as I recommended before, you will need 50k for one currency pair at 0.01 lot size. if you want to trade more than one pair, add not correlative ones and the same 0.01. Example, EURUSD and NZDUSD.
if you want to go smaller than 50K, you need to find a broker with minimum lot of 0.001 (tenth of micro) I am using www.forexbrokerinc.com
If you are brave enough and you want to try it and learn from it with small account, never trade more than one pair and do not multi any of the styles.
future market conditions are unknown, the EA may start working and making money for you, we never know.
The capital requirements I am posting here are from results of testing and demoing this EA, and using past and present data. it is not using future data or simulating the future, it is unknown.
OK, once again, deposit 50k or move to a tenth micro broker and deposit 5K.
This is not a making rich EA with only $459 in 30 days or some scamming like that, this is an EA that may do consistent small profits on an account with enough money to survive its big drawdowns.
On regular market conditions, you will be using only a portion of the account capital.
You may said, oh!, we are all small here. Yes, that is true, I am small too, reason I am actively working and demoing this EA, I am trying to find its smaller drawdown possible.
For your reference, this are the lot sizes:
Standard Lot: 1.00 (100,000)
Mini Lot: 1.10 (10,000)
Micro Lot: 0.01 (1,000) our lot
tenth micro: 0.001 (100) small account.
thanks, bauta
as I recommended before, you will need 50k for one currency pair at 0.01 lot size. if you want to trade more than one pair, add not correlative ones and the same 0.01. Example, EURUSD and NZDUSD.
if you want to go smaller than 50K, you need to find a broker with minimum lot of 0.001 (tenth of micro) I am using www.forexbrokerinc.com
If you are brave enough and you want to try it and learn from it with small account, never trade more than one pair and do not multi any of the styles.
future market conditions are unknown, the EA may start working and making money for you, we never know.
The capital requirements I am posting here are from results of testing and demoing this EA, and using past and present data. it is not using future data or simulating the future, it is unknown.
OK, once again, deposit 50k or move to a tenth micro broker and deposit 5K.
This is not a making rich EA with only $459 in 30 days or some scamming like that, this is an EA that may do consistent small profits on an account with enough money to survive its big drawdowns.
On regular market conditions, you will be using only a portion of the account capital.
You may said, oh!, we are all small here. Yes, that is true, I am small too, reason I am actively working and demoing this EA, I am trying to find its smaller drawdown possible.
For your reference, this are the lot sizes:
Standard Lot: 1.00 (100,000)
Mini Lot: 1.10 (10,000)
Micro Lot: 0.01 (1,000) our lot
tenth micro: 0.001 (100) small account.
thanks, bauta