Posted By: peterhw
Workshop 6 Lotsize - 11/09/18 12:44
Hi,
So much information. Apologies if answered elsewhere.
I have been running Workshop 6 with 4 currency pairs. I had been running on a $10,000 demo account.
To try and make this more realistic (for me) I set up the demo account (FXCM) with $500. The account has been running since 5th November. The first Trade was midday on 7th November (EURUSD) . The Trade used 0.21 lots which seems excessive on $500 account. [I now see Capital = 10000;in the code - does this govern Lot size?]
The trade stands at +$231 (great but risky). Just opened 2nd Trade on USDJPY with 0.16 lots.
How should I control the lot-size?
So much information. Apologies if answered elsewhere.
I have been running Workshop 6 with 4 currency pairs. I had been running on a $10,000 demo account.
To try and make this more realistic (for me) I set up the demo account (FXCM) with $500. The account has been running since 5th November. The first Trade was midday on 7th November (EURUSD) . The Trade used 0.21 lots which seems excessive on $500 account. [I now see Capital = 10000;in the code - does this govern Lot size?]
The trade stands at +$231 (great but risky). Just opened 2nd Trade on USDJPY with 0.16 lots.
How should I control the lot-size?
