2 registered members (AndrewAMD, 7th_zorro),
1,285
guests, and 4
spiders. |
Key:
Admin,
Global Mod,
Mod
|
|
|
Re: Z1/2/12 and the new ESMA regulations
[Re: DdlV]
#473649
08/01/18 16:40
08/01/18 16:40
|
Joined: Apr 2017
Posts: 106
3dgamelight
Member
|
Member
Joined: Apr 2017
Posts: 106
|
Maybe looking the maximum drawdown report and keeping more money on your account? Smaller leverage means smaller profit. And smaller risks as Zorro automatically increase the lot size with high leverage. Equity will move faster and expired systems or systems that not behave like the test will wipe out you sooner. Sadly I loose a lot of money with Z12 system. Not sure what happened, I was trying MT5. But I wouldn't give another chance to these systems, I will try using my own.
|
|
|
Re: Z1/2/12 and the new ESMA regulations
[Re: jcl]
#473711
08/07/18 15:07
08/07/18 15:07
|
Joined: Jun 2013
Posts: 1,609
DdlV
Serious User
|
Serious User
Joined: Jun 2013
Posts: 1,609
|
Well, I could certainly be misunderstanding... Here is the relevant section from the announcement I received:
50% margin close-out on account level basis
Positions will close out at 50% of initial margin requirement to reduce the risk of loss.
Example: Say you have £2000 in your account, you then open a GER30 position that requires £1,000 margin. 50% of the initial margin requirement for the GER30 position is £500. If your equity falls from your original £2000 to £500 or less, then we will close out your positions.
To me, this reads like Margin Call now happens at 50% of (aggregate) initial margin requirement, not $0... Thanks.
|
|
|
|