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Account set up

togr (togr)
Feb 07 2019 at 12:25
4862 posts
jamesgwyther posted:
togr posted:
togr posted:
In general.
Cents account could be good for training.
Be it is the most important to find suitable broker and account.
I have wasted many good strategies that would otherwise work great just by using bad cent account with high spread and lot of slippage.
On the other hand if strategy survived even such terrible conditions it was indeed robust one.



Just recently I got closed position 100 pips after stoploss :) on cent account of course

So it is good to use such shit broker to make your strategies robust
it is bad as it kills average strategies


Good to learn on real account for the emotions side.


Yes indeed. Trading on demo is much different in terms of emotions

Trademinster
Feb 07 2019 at 13:02
21 posts
Example.

you have 1000USD on a standard account

and 1000 USD = 10.000 Cent on a Cent account.

if you set your EA with the same settings you will have a much lower DD . Mor Margin and most likely the cent Account will survive in a worst case scenario.


Tremblay
Jul 05 at 06:15
304 posts
Trademinster posted:
Example.

you have 1000USD on a standard account

and 1000 USD = 10.000 Cent on a Cent account.

if you set your EA with the same settings you will have a much lower DD . Mor Margin and most likely the cent Account will survive in a worst case scenario.


Proper planning is very important to survive in this risky market.

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