Hello withnail,
thank you for your interest and questions.
1.) Yes, all your informations are right. I recommend to invest 5.000 Euro or equivalent for 0.01 starting lots, 10.000 Euro or equivalent for 0.02 starting lots, 15.000 Euro or equivalent for 0.03 starting lots or 30.000 Euro or equivalent for 0.06 starting lots.
But please don't forget: The best option to use my strategy is to join my MAM. In my MAM you has no delay in the execution, no slippage and you only pay 10% fee of the monthly profit. You don't pay a fee for a service (which I also offer on FxJunction, MQL5, SignalStart and SimpleTrader). There isn't a fee for a big company like PayPal and you doesn't have to maintenance, run and pay a fee for a server or VPS.
2.) Yes absolutely, the EA can open more trades but this has never happened in the strategy backtests in the last twelve years.
3.) Yes you think right, there isn't any take profit (TP) or stop loss (SL). My EA use a profit trailing stop (TS) and no fixed take profit (TP).
4.) Yes, I agree with you but in this case you don't need to be afraid because in this account I always use a starting lot of 0.01 and this I will never change or increase. The other thing is that my equity never goes higher then 5.250 Euro, because I withdrawal my money after each profit of 250 Euro. For example you can see that very good here:
www.FjodorForex.de/ForexFactory
www.FjodorForex.de/FxBlue
www.FjodorForex.de/MQL5 (in the balance and equity tab)
www.FjodorForex.de/MyFxBook (in the balance tab)
www.FjodorForex.de/SimpleTrader
thank you for your interest and questions.
1.) Yes, all your informations are right. I recommend to invest 5.000 Euro or equivalent for 0.01 starting lots, 10.000 Euro or equivalent for 0.02 starting lots, 15.000 Euro or equivalent for 0.03 starting lots or 30.000 Euro or equivalent for 0.06 starting lots.
But please don't forget: The best option to use my strategy is to join my MAM. In my MAM you has no delay in the execution, no slippage and you only pay 10% fee of the monthly profit. You don't pay a fee for a service (which I also offer on FxJunction, MQL5, SignalStart and SimpleTrader). There isn't a fee for a big company like PayPal and you doesn't have to maintenance, run and pay a fee for a server or VPS.
2.) Yes absolutely, the EA can open more trades but this has never happened in the strategy backtests in the last twelve years.
3.) Yes you think right, there isn't any take profit (TP) or stop loss (SL). My EA use a profit trailing stop (TS) and no fixed take profit (TP).
4.) Yes, I agree with you but in this case you don't need to be afraid because in this account I always use a starting lot of 0.01 and this I will never change or increase. The other thing is that my equity never goes higher then 5.250 Euro, because I withdrawal my money after each profit of 250 Euro. For example you can see that very good here:
www.FjodorForex.de/ForexFactory
www.FjodorForex.de/FxBlue
www.FjodorForex.de/MQL5 (in the balance and equity tab)
www.FjodorForex.de/MyFxBook (in the balance tab)
www.FjodorForex.de/SimpleTrader
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