determining lot size | Forex Factory

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determining lot size

  • #1
  • First Post: Jun 22, 2020 10:00am Jun 22, 2020 10:00am
Hi, i have a real good profitable ea that requires a 2000$ balance with 0.01.
How to determine lotsizes for larger balance?
  • #2
  • Jun 22, 2020 7:55pm Jun 22, 2020 7:55pm
First determine how much of the account balance you want to risk per trade or cumulative open positions.
  • #3
  • Jun 22, 2020 8:19pm Jun 22, 2020 8:19pm
Quoting mounir90
Hi, i have a real good profitable ea that requires a 2000$ balance with 0.01. How to determine lotsizes for larger balance?
$2,000 for 0.01 lot = $20,000 for 0.1 lot ...
(simple math)
Market is not random but unpredictable
  • #4
  • Jul 2, 2020 12:38pm Jul 2, 2020 12:38pm
unfortunately its not simple. off course if i set 0.10 then i can tenfold the profits, right? but when i take that kind of amounts it blows up. The 2000 for 0.01 doesn't blow up on any tf.
  • #5
  • Jul 3, 2020 4:02am Jul 3, 2020 4:02am
Quoting mounir90
unfortunately its not simple. off course if i set 0.10 then i can tenfold the profits, right? but when i take that kind of amounts it blows up. The 2000 for 0.01 doesn't blow up on any tf.

So what are you really asking?
  • #6
  • Jul 4, 2020 5:45am Jul 4, 2020 5:45am
I am not sure what they mean either.
  • #7
  • Jul 5, 2020 6:44am Jul 5, 2020 6:44am
i want bigger profit like everybody else, so i can increase lot sizes. But the math 0.01 for 2000 and 0.10 for 20000 is not correct.
  • #8
  • Jul 5, 2020 9:24am Jul 5, 2020 9:24am
Quoting mounir90
i want bigger profit like everybody else, so i can increase lot sizes. But the math 0.01 for 2000 and 0.10 for 20000 is not correct.
First determine the maximum % you want to risk, then calculate your lot size based on your SL and you will get the right lot size.
Don't use fix lot size if you are trading a lot of pairs because the pip value varies.
FX: 4h & Daily / DAX30: 5m
  • #9
  • Last Post: Jul 5, 2020 1:33pm Jul 5, 2020 1:33pm
Maybe make a backtest, look to the max DD and after that you will answer yourself for this question
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