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BlueMonkey Real Money Live Test == Ended Oct 2014 (By bluemonkey)
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BlueMonkey Real Money Live Test == Ended Oct 2014 Discussion
Member Since Jun 22, 2014
423 posts
Member Since Jun 22, 2014
423 posts
Aug 25, 2014 at 17:39
Member Since Jun 22, 2014
423 posts
askew8 posted:
Hello,
I recall seeing here that with 2500 and 30% risk, it will make approx 300 per week and that is why the price is set at what it is. This was prior to adding the eurgbp chart.
My question is, do the settings still stay at 30% for BOTH charts? And if both set of trades begin to go sour, it will close out at 60% loss of my account?
Also, do you accept paypal as a payment option?
Hi,
first statement is correct. you can lower the risk for each pair once you attach the EA to each chart.
you can pay through paypal using avangate. they have paypal option.
A
Aug 25, 2014 at 19:18
Member Since Feb 24, 2014
190 posts
Does the ea decide what the opening lot size will be based on the risk percentage? Or do I need to have specific lot sizes set. Meaning does it manage the funds for you? Also, with the risk settings, if I have an account with 2500 in it and 10% risk, it will close if the trades open in that crart reack $250?
Member Since Jun 22, 2014
423 posts
Aug 25, 2014 at 19:21
Member Since Jun 22, 2014
423 posts
askew8 posted:
Does the ea decide what the opening lot size will be based on the risk percentage? Or do I need to have specific lot sizes set. Meaning does it manage the funds for you? Also, with the risk settings, if I have an account with 2500 in it and 10% risk, it will close if the trades open in that crart reack $250?
not based on the risk. based on the lot size and the initial account balance and the current account balance. if the EA says initial balance is $1000, current balance is $250 and opening lot is 0.04, in this scenario EA will open 0.01 because current balance is one forth of the original balance.
A
Member Since Jun 22, 2014
423 posts
Member Since Jun 22, 2014
423 posts
Aug 25, 2014 at 19:44
Member Since Feb 24, 2014
190 posts
Haha!!! Im sorry. That really confuses me!
My acct will approximately be 3500. I dont want to set my trades so high that they will close out quickly but i want to set my risk @10% per chart. How would it work? I also want to know, do i need to constantly reset my lots for every gain?
My acct will approximately be 3500. I dont want to set my trades so high that they will close out quickly but i want to set my risk @10% per chart. How would it work? I also want to know, do i need to constantly reset my lots for every gain?
Member Since Jun 22, 2014
423 posts
Member Since Jun 22, 2014
423 posts
Member Since Jun 22, 2014
423 posts
Member Since Jun 22, 2014
423 posts
Member Since Jun 22, 2014
423 posts

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