Nov 06 2020 at 15:50
Hello, I'm new at this, and I'm running a demo account with an EA. It's $50,000 account, and I'm showing some pretty good profits. Most of the time, if I closed all open trades, I would lose about $500, more or less. There have been times where it has been as high as $5000, but that's the largest amount I've seen. I have the account hooked up to MyFXBook. Is there a way to find out the highest dollar amount that was at risk at any given time? What is that number called? I originally thought it was drawdown, but I've found that's not the case.
As I said, I've never seen it have more than $5000 at risk at any given point. But I have no idea how high that number may have gone when I wasn't looking at the account. Is there any way to find that out?
As I said, I've never seen it have more than $5000 at risk at any given point. But I have no idea how high that number may have gone when I wasn't looking at the account. Is there any way to find that out?
Nov 26 2020 at 07:34
When you go live, don’t invest a big amount. Instead, start small when you go live. It will save you from huge losses.
Nov 26 2020 at 07:36
Knowledge is very important to trade in the forex market. Without knowledge, you can not survive in this risky market. So, before going to the live account you should gather all kinds of knowledge properly.
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