Originally posted by primi
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I stopped my Darwinex because I could not properly trade copy from my main account to the smaller Darwinex account using FXBlue as I did not have enough Capital for my darwinex account to allow the copying to work properly. I only had $3000 in my Darwinex account.
As you know I use very little leverage on my main account, often the trades are less than 1:1 leverage. So when I used Fxblue to copy the trades, I often would only get 0.01 lots copied to the Darwinex MT4 account, which when I had a winner, would not allow me to scale out of the position (I could not partial close the 0.01 position), however if I had a loser, it would of course close the whole 0.01 lots at the stop loss. Thus, amplifying my losers, but not allowing me to extent the winners, which is at the heart of my strategy. And of course, Darwinex would also run their own lot multipliers, which made the situation worse.
Thus, if I ever open a Darwinex again, I will need to have the same amount of capital in my Darwinex MT4, as in my Axitrader main account, to copy my strategy with the correct lot sizes, allowing me to scale out on winners.
Cheers,
Charlie
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