Does anybody know a registered MT4 broker outside of USA with nano lot ?
Thx .
Thx .
- #7
- Aug 23, 2009 2:23am Aug 23, 2009 2:23am
thx. interesting link
i m looking for nano lot broker. a nano lot is a 10th of a micro lot
- #8
- Aug 28, 2009 5:35am Aug 28, 2009 5:35am
Go Markets AUS yesterday announced:
"L-Plate Accounts:
We are soon launching L-Plate accounts enabling the use of nano lots, or 1 cent per pip! You can start with only a few dollars on your account and test strategies with limited risk. For more information, please contact us. "
Whatever "L-Plate" means, lets wait and see how the conditions will be for nano lot trading in down under
"L-Plate Accounts:
We are soon launching L-Plate accounts enabling the use of nano lots, or 1 cent per pip! You can start with only a few dollars on your account and test strategies with limited risk. For more information, please contact us. "
Whatever "L-Plate" means, lets wait and see how the conditions will be for nano lot trading in down under
- #10
- Aug 28, 2009 7:08am Aug 28, 2009 7:08am
- Joined Jun 2007 | Status: Teach men to fish | 7,384 Posts
- #11
- Aug 28, 2009 8:05am Aug 28, 2009 8:05am
- Joined Oct 2007 | Status: follow momentum. | 1,202 Posts
- #12
- Aug 28, 2009 8:53am Aug 28, 2009 8:53am
Nanningbob,
I can understand were your coming from.
Nano in my language = 1 cent per pip. right?
Micros are a training tool, if you're in a position were u cant afford to lose 100$ then I say should you be trading?
to risk a cent has no emotional impact on a trader. if it means nothing to risk 40 cents on a trade what's the difference...
Keep your hands up, and use your pant! - FxMatics
- FxMatics- #13
- Aug 28, 2009 10:37am Aug 28, 2009 10:37am
- Joined Jun 2007 | Status: Teach men to fish | 7,384 Posts
Nanningbob,
I can understand were your coming from.
Nano in my language = 1 cent per pip. right?
Micros are a training tool, if you're in a position were u cant afford to lose 100$ then I say should you be trading?
to risk a cent has no emotional impact on a trader. if it means nothing to risk 40 cents on a trade what's the difference...
- #14
- Aug 28, 2009 6:29pm Aug 28, 2009 6:29pm
seriously onu,
what is the point of trading nano lots?
apart from ea testing I can't see any point in em at all.
the reason for trading nano lots u find attached
the EA would perform even better/safer on hedge allowing broker...
- #17
- Aug 28, 2009 9:36pm Aug 28, 2009 9:36pm
- Joined Oct 2007 | Status: follow momentum. | 1,202 Posts
Fair enough, there comes a time when you have to enter the major leagues and make serious money.
- #18
- Edited 10:01pm Aug 28, 2009 9:48pm | Edited 10:01pm
- Joined Oct 2007 | Status: follow momentum. | 1,202 Posts
the reason for trading nano lots u find attached
the EA would perform even better/safer on hedge allowing broker...
After reading trading in the zone multiple times I really understood the point of every trade is a 50/50 no emotion, I have found a small dose of fear keeps you honest. This is a fine line, I needed it. I am not saying that's what other members need.
I just got stuck in the mirco / mini land of I am not worried about losing small amounts so I trade with out discipline.
Once i move up out of my comfort zone it forced me to really think about what I was doing and I dropped the 'she'll be right attitude'.
Nano lots offer a training purpose real time I have to agree with this. But in the long run you won't feel the need to really take care in what you're doing if you stick to it.
Sure for very low financially backed new traders trade Nanao lots. I agree with fulltime on demo fill fantasy land that's the damned truth.
But there is a time when you have to step up a notch cuz the bad habits developed with nothing to lose stay with you. In my personal exprience
Onu
if that's your EA results then nice one!
Onu, if the ea ran like that and you quit your job went full time. you say ok I'll start a account on 20k you run it on 100k lots. first day you are down 3 trades at 10pips a trade. this is the first time you have seen a $300 draw down.
at this point the emotions you feel may cause you to stop the ea and start tweaking, or demo run it. You demo run it on day 2 with 100k lots you make 50 pips, more emotions on what you missed. is your mind stable and clear right now?
Your mind is not adjusted to that level of loss as your account has always been at 100-200 risking 20-30 cents a trade.
this is my point, this could send you in any direction. if you had worked up to it that loss of 300$ maybe easier for you mind to take as you seen and felt losses like that before.
this is just an example mate, I am not trying to think I know how you think.
cheers
- #19
- Aug 29, 2009 12:22am Aug 29, 2009 12:22am
- Joined Jun 2007 | Status: Teach men to fish | 7,384 Posts
- #20
- Last Post: Aug 30, 2009 6:13am Aug 30, 2009 6:13am
@>Apocalypto<
i m trading for a living since 2003, i m managing accounts of some hundred thausend bucks. I know to handle loss. And yes, its my EA. Nano lot acc is the cheapest way to forward test new multipair strategy under realistic trading conditions, bc mt4 doesnt allow backtest for this EA . Since the EA uses hedge positions i m looking for a NON Newrulesinfavorofbrokermaronland(USA) broker. Hope u got it now...
i m trading for a living since 2003, i m managing accounts of some hundred thausend bucks. I know to handle loss. And yes, its my EA. Nano lot acc is the cheapest way to forward test new multipair strategy under realistic trading conditions, bc mt4 doesnt allow backtest for this EA . Since the EA uses hedge positions i m looking for a NON Newrulesinfavorofbrokermaronland(USA) broker. Hope u got it now...