DislikedOne of the questions/comments I have seen over the past couple years of testing, is why not throw this at a $20k-$30k live account? I think that anybody that has done any testing and especially with a trader of this nature already knows the why...don't we? For me, the value in having something that will test on a $2k-$3k account means you can scale up. If you require a cushion of tens of thousands, the risk is just immensely too high and wouldn't really serve to be of much benefit. Moving as I have with the EAs, taking 1 account and doubling it...Ignored
The idea is to grow your first account and then draw off as it grows and once your wallet is in the right position open the next account and repeat on adding accounts to a point that you fulfill your varied strategies. Then grow those strategies based on how much more you want to risk, in the market at one time.
Opening or growing a single larger account with huge padding, kind of defeats what we doing in my mind, and puts you at more risk for larger DD's then you need to have for when the worst hits.
People might disagree with me here but when you trading a matingale sort of system, I want to limit my exposure so if something swoops in your risk is limited by your account size, each week or month depending on how you managing your money you are drawing the account down to your minimum to manage what you think the floating DD is and that is it, why leave more in the trading account then that??
I am still quite a newbie trader but this has been successful for me up to now.
I am in on buying a license or two please to start, when you ready.
So drop me a PM or how ever you going to work please, with the email address and what you need me to do.
I would like and will continue to support your thread and will grow with the rest of the team that is on the roller coaster with us...
It is going to be a fun ride.
Disliked{quote} I don't know what you mean about HF hitting your limit and are blocking you from opening another account??Ignored
Will take a look at tickmill, I like to get a refer to brokers. I have been hit quite a few times already by dodgy brokers in the beginning but I was very raw.
IB?
Whats that?
Sorry latency is a problem from my part of the word, we have silly issues here in South Africa with speed and latency. So it is something that is always on my radar..
Once I have my Tickmill accounts ready will send you codes for new test accounts for next week please....
Loading the new software now, I am out for the night.
Thank you and good night to all.