Ok...so I have a system up and running.
Trading EUR/USD
Just started a demo account 5 days ago.
Four trades on the demo account totaled + 1452.00 usd (all fake money!)
trade qty = 1 lot each time.
Now it's time for some demo testing for a while.
I can imagine 1 lot losing $ 2,000.00 on a really bad news day.
So, with a demo account of $ 25,000.00 and 50:1 leverage, whats the right lot size to trade?
Trading EUR/USD
Just started a demo account 5 days ago.
Four trades on the demo account totaled + 1452.00 usd (all fake money!)
trade qty = 1 lot each time.
Now it's time for some demo testing for a while.
I can imagine 1 lot losing $ 2,000.00 on a really bad news day.
So, with a demo account of $ 25,000.00 and 50:1 leverage, whats the right lot size to trade?