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Z12 - Too much different position sizes between Forex and CFDs. #429009
09/06/13 18:05
09/06/13 18:05
Joined: Sep 2013
Posts: 3
V
valecko Offline OP
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valecko  Offline OP
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V

Joined: Sep 2013
Posts: 3
Hello. First I must say I am very impressed with Zorro. It seems to be too good to be true....
I am testing Z12 on Metatrader demo (probably microlot account because can open 0.01 Forex position). It seems that Z12 works unbeliable good since start of testing. But I dont understand why there are opened cca 10x bigger positions in CFDs than in Forex. For example Oil, US500, GER30 etc. are opened in ones (1,2,3). That means that average daily range for these positions are cca $100-$400. But Forex positions are opened only in 100ths (For example 0.02, 0.03 etc). These has ATR cca $10-$50. Is not there some mistake? I worry that all profits/losses will be mainly due to CFDs, and risk will not be equalized too well.

In FXCM account it seems ok, there are CFDs opened in ones (1,2,3) and Forex positions are in tens (10,20...) which gives me the comparable average daily range (and margin too).

Re: Z12 - Too much different position sizes between Forex and CFDs. [Re: valecko] #429013
09/06/13 18:17
09/06/13 18:17
Joined: Sep 2003
Posts: 929
Spirit Offline

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Spirit  Offline

Moderator

Joined: Sep 2003
Posts: 929
I think CFDs are not offered in micro lots, but only in mini lots. Micro lots are for Forex only. Thats why the lot sizes are very different between Forex and CFDs.

Re: Z12 - Too much different position sizes between Forex and CFDs. [Re: Spirit] #429017
09/06/13 19:56
09/06/13 19:56
Joined: Sep 2013
Posts: 3
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valecko Offline OP
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valecko  Offline OP
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Joined: Sep 2013
Posts: 3
Yes, it is true. There are no micro CFD lots. But then CFD positions sizes 1,2,3... are too much (and dangerous risky and should be avoided) or Forex microlots 0.01, 0.02, 0.03 too small. I do not want my account $3000 to be erased, so I do not know wheather not to turn off CFDs (because too much risky) completely.

Re: Z12 - Too much different position sizes between Forex and CFDs. [Re: valecko] #429076
09/08/13 17:30
09/08/13 17:30
Joined: Jul 2000
Posts: 28,024
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 28,024
Frankfurt
Position sizes are only determined by money management. It does not matter whether an asset is Forex or CFD. The lot sizes are indeed different, but Zorro normally compensates that.

Run tests for determining the best margin setting for your $3000 capital. I would not disable CFDs, as they contribute substantially to the profit.

FYI, here are the typical asset contributions to the Z12 profit, in percent - look in the "Wgt%" column:

Code:
Portfolio analysis  OptF  ProF  Win/Loss  Wgt%  Cycles
 
AUD/USD avg         .014  1.36  281/475   11.4  XXXXXXXXXX/
EUR/USD avg         .006  1.41   91/115    6.2  XXXXXX\XXXX
GBP/USD avg         .005  1.18   85/105    1.3  XXXXXXX\\XX
GER30 avg           .030  1.33   34/45     2.5  X/X/\.\XXXX
NAS100 avg          .015  1.43  103/182    8.2  XXXX/XXXXXX
SPX500 avg          .077  1.75   96/162   16.4  XXXXXXXXXXX
UK100 avg           .003  1.42   32/32     2.3  .//\\//\\/\
US30 avg            .009  1.30   76/90     6.1  \//XXXXXXXX
USD/CAD avg         .006  1.59   80/73     6.4  XXXXX/XX/\/
USD/CHF avg         .008  1.99   85/97    11.4  X/X\XXXXXX/
USD/JPY avg         .006  1.69  130/175    8.7  XXXXXXXXXX/
USOil avg           .084  1.66  207/286   30.2  XXXXXXXXXXX
XAG/USD avg         .008  1.35  113/152    5.3  \\XXXXXXXX/



Moderated by  Petra 

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