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2020
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[QUOTE="hayseed, post: 176096, member: 5898"] //------ to explain my lot size reasoning..... the charts below are from a live oanda account but not the 2020 which account has very similar trades..... using the eurusd in a oanda states based 50:1 account as an example, it takes roughly 220 pips to fully clear the margin required..... margin required is linear so roughly speaking, margin required for a 0.01 trade is 22$ ..... takes 220 pips to make 22$..... margin required for a 0.1 trade is 220$..... takes 220 pips to make 222$..... margin required for a 1.0 trade is 2220$..... takes 220 pips to make 2220$..... //------ now suppose my account was 2500$...... plenty enough free margin to buy 1 standard eurusd lot...... yeah right....... we all know how that would end up....... now suppose my account was 2500$ and i bought only 0.01 lot...... then later when it moved in my favor i bought another...... and another..... continually buying as it moved in my favor...... my thoughts are possibly using a variation...... such as a set of 0.04 lot trades , followed by 0.03 trades, and 0.02, and 0.01..... this should assures your trades do not get top heavy..... there is a safety factor in decrementing small positions..... 0.04, 0.04, 0.04, 0.03. 0.03, 0.03 and so on..... some thought needs to be given to the daily, weekly, and monthly atr..... timing is of course equally important..... yesterday the audchf was within 50 pips of this century's all time low...... potential triple bottom on daily and up charts......h //----- [IMG]https://charts.mql5.com/23/402/nzdchf-h4-oanda-division1.png[/IMG][IMG]https://charts.mql5.com/23/402/cadchf-h4-oanda-division1.png[/IMG] [/QUOTE]
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