The next step after reaching broker lot size limit | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Which would you prefer: increasing lot size or TP size? 24 replies

At what lot size/account size do you have scale issues? 39 replies

Reliable Broker with nano lot, micro lot broker, leverage 1:400, 1:500 35 replies

Lot size, contract size, max position ? 1 reply

BUY run profit 1 lot, SELL LIMIT 2 LOT down again n BUY 1 lot - EA Reqd 5 replies

Attachments: The next step after reaching broker lot size limit
Exit Attachments

The next step after reaching broker lot size limit

  • #121
  • Nov 24, 2017 10:22am Nov 24, 2017 10:22am
Quoting dkrock
{quote} No. Your response is good. There is a troll on the thread bullying people. He'll come for you now because of your post. Ignore him.
Ok, thanks. I read the posts that followed mine and see what you're talking about. Good trading my friend.
  • #122
  • Nov 24, 2017 10:22am Nov 24, 2017 10:22am
Quoting dkrock
{quote} My point is proven. You are a troll.
hahahahahaha,

i told you in my post you are complete liar without arguments, and whats next sentence: a liar sentence without arguments.
i like you boy, not smart , to sneaky, to childish, but extrem funny.

so i wish you a good day, you was a pleasure with your fakes today. see you next week and want here new dreams from you.

and learn some basics, so you dont need to fake you are good in math and can come to a discussion not unarmed.
  • #123
  • Nov 24, 2017 10:23am Nov 24, 2017 10:23am
Quoting BigOldFella
{quote} No, it's more of a philosophical argument. One side says if you can make money out of something then why would you sell it. The other side of the argument is if you could make even more money by selling it then why wouldn't you.
Understood. Thanks!
  • #124
  • Nov 24, 2017 10:44am Nov 24, 2017 10:44am
Quoting dukas_trader
{quote} i think its scam, and if you are not affiliate all is fine, but its realy difficult to decide. i think we dont get to a new step in this topic. because managing accounts brings much more win, you can always think about why they dont do. you can cheat much more in selling signals, so much easier to present win, if done in pips its most easy ofcourse and same time wrong. is your old question (starting post) completly solved with the many solution here from many persons?
Yes thanks, I have many solutions to my problem.

Maybe I should go into marketing...as long as no one asks me any difficult questions.
  • #125
  • Nov 24, 2017 11:20am Nov 24, 2017 11:20am
Confused ............ I have not level yet
margiyono61 gmail com, Telegr @Margiyono
  • #126
  • Nov 24, 2017 12:26pm Nov 24, 2017 12:26pm
Hi!

It's a nice thread here. Thank you BigOldFella for starting it!
What about Autochartist? Is it possible to achieve same results with it?

SP
  • #127
  • Nov 24, 2017 5:55pm Nov 24, 2017 5:55pm
Quoting SuperPip
Hi! It's a nice thread here. Thank you BigOldFella for starting it! What about Autochartist? Is it possible to achieve same results with it? SP
Not heard of Autochartist but I will have a look.
  • #128
  • Nov 24, 2017 6:49pm Nov 24, 2017 6:49pm
How does almost EVERY post on this site become a fight over one thing or another? Doesn't matter the participants...same shit different thread. People either attack the OP or bring an ongoing feud into a new thread....over and over and over....
  • #129
  • Nov 26, 2017 4:38pm Nov 26, 2017 4:38pm
Quoting Jbomb21990
How does almost EVERY post on this site become a fight over one thing or another? Doesn't matter the participants...same shit different thread. People either attack the OP or bring an ongoing feud into a new thread....over and over and over....
Part of me quite enjoys it though, even when they bash me.

Obviosuly you can't be 100% sure but there's good chance the people who post negativity are crap at making any money from trading and it's defence mechanism. It's a kind of "I can't make any money from trading and I know it all so how can someone else make any money" kind of mentaility.

I reckon you can tell the successfull ones as they're the ones that offer support and help. They've got nothing to lose.

I can't really offer any support or help because I don't really know what I'm doing but I'd be the first to say well done for someone else's success.
  • #130
  • Nov 27, 2017 8:08am Nov 27, 2017 8:08am
Quoting dukas_trader
{quote} sorry to say that, but with this information the chance that you have 1 million left on your account in one year is much smaller then you have 100k on the end in 1 year. .
And why would that be the case? At 65% hit rate and TP=SL, the optimum risk level is 30%. When you say it's likely that BOF is going to loose, you're basing that on an assumption the hit rate is going to change drastically?
  • #131
  • Nov 27, 2017 8:55am Nov 27, 2017 8:55am
Quoting mfeldt
{quote} And why would that be the case? At 65% hit rate and TP=SL, the optimum risk level is 30%. When you say it's likely that BOF is going to loose, you're basing that on an assumption the hit rate is going to change drastically?
Spot on.

The system automatically works out the risk based on the historical results. So it's settled down around 26.2%.

I'm not sure if this is the right way to do it but it works out the success rate after the commission, swap and spread have been taken out.

You're right though, if there were no expenses then 30% would be optimal. None of this 2% per trade shenanigans.
  • #132
  • Nov 27, 2017 9:07am Nov 27, 2017 9:07am
lucky bastard :-)

Best route..IMHO...

Open slave accounts...and replicate the shit out of the market..

best of luck
practising coitus interruptus
  • #133
  • Nov 27, 2017 10:32am Nov 27, 2017 10:32am
Quoting mfeldt
{quote} And why would that be the case? At 65% hit rate and TP=SL, the optimum risk level is 30%. When you say it's likely that BOF is going to loose, you're basing that on an assumption the hit rate is going to change drastically?
this was not reffered to the percent numbers, this was reffered to he is using signal services.
because there are not really many good signalservices outside (if even any) and to this i answered.

your calculation is ok, the problem is, the numbers the signale services show are not correct.
  • #134
  • Nov 27, 2017 10:33am Nov 27, 2017 10:33am
Quoting dukas_trader
{quote} the problem is, the numbers the signale services show are not correct.
Based on what evidence?
  • #135
  • Nov 27, 2017 10:47am Nov 27, 2017 10:47am
Quoting BigOldFella
{quote} Based on what evidence?
again?? we had this topic already, there is not one true very good signal service. most who say are reffered to this and do marketing for them.

but anyone has different opinions. if your opinion is correct, then you think signal services are stupid people (maybe there are some and exist and you are lucky), who like to give signale and earn some small money against they could same time manage money, and win extrem big, when they have this good results they show in signale services all the time.
but because they dont have this results in reality , they will only do signale services, because you can cheat many things very easy. its such simple.

and your big argument against signale services (what you had wrong as positive argument) is of course correct too. when you work in this businesses its really such easy and never will change. if you accept it or not, it will no change anything.
  • #136
  • Nov 27, 2017 11:13am Nov 27, 2017 11:13am
Quoting BigOldFella
After successfully turning a small sum of money into a substantial amount I've hit the lot size limit for IC Markets. To keep on increasing my equity I need to be able to trade >1000 lots. Where do I go from here?
1. Open accounts with every reputable broker (say primarily regulated by the FCA or ASIC), and use a trade copier to copy across all your orders (https://www.fxblue.com/appstore/u2/m...-trade-copier/)
2. Once that is maxed out, look for a prime broker. Minimum account sizes will vary, along with minimum monthly charges. Maximum lot size will depend on collateral and credit worthiness. You'll need to send your orders using the FIX protocol. I guess since you're a programmer you could work this out, or use a MT4 to FIX bridge. You'll need to factor in the fact that you won't get anywhere near the leverage that you're currently getting though IC, but commissions will be much less.
  • #137
  • Nov 27, 2017 11:13am Nov 27, 2017 11:13am
dukas has a point there.

i have yet to live long enough to see a hedge fund turns down managing money, and instead start to offer signals for a flat monthly fee.
neither financially, nor execution wise doesnt make any sense.
from the signal buyer also there is the inherent danger that not being able to place all the signals, the results can very wildly differ from the source.

no one, remotely semi-serious, with at least a few1000s $ will opt to go signal way, if looking to earn longer term.
there is always, always another trade!!
  • #138
  • Nov 27, 2017 11:17am Nov 27, 2017 11:17am
Quoting BigOldFella
{quote} Spot on. The system automatically works out the risk based on the historical results. So it's settled down around 26.2%. I'm not sure if this is the right way to do it but it works out the success rate after the commission, swap and spread have been taken out. You're right though, if there were no expenses then 30% would be optimal. None of this 2% per trade shenanigans.
The probability of a system with a 65% win rate having a losing streak of 4 trades in a row is 51%! Based on 50 trades taken! Just saying.
  • #139
  • Nov 27, 2017 11:18am Nov 27, 2017 11:18am
Quoting DemoForever
{quote} The probability of a system with a 65% win rate having a losing streak of 4 trades in a row is 51%! Based on 50 trades taken! Just saying.
4 losing trades at 26.2% doesn't blow your account.
  • #140
  • Edited 11:58am Nov 27, 2017 11:47am | Edited 11:58am
Quoting TheMaxx
{quote} 4 losing trades at 26.2% doesn't blow your account.

Who are the best signal service providers in the game ?

Any recommendations

I see forex factory has this as a sponsor

Averages 50 PIPS DAILY WITH 88 percent HIT RATE. Sounds stunning.

https://www.alvexo.com/promotions/tr...reativeid=1146
0 traders viewing now