Go Back   Forex Forum > Everything Else > Rate my Software
Register FAQ Members List Calendar Chat Room Search Today's Posts Mark Forums Read
Rate my Software This is the place to discuss the many different charting software packages out there. If you need help finding the right software, then this is the place for you.

Welcome to the BabyPips.com forum!

You are currently viewing our boards as a guest which allows you to view the discussions, but prevents you from contributing. By joining our FREE community you will be able to do all of the following:

  • Post topics & responses to other discussions
  • Communicate privately with other members (PM)
  • Respond to polls
  • Upload content
  • Post comments on our blogs
  • Contribute on our Forexpedia

Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.



Reply
 
LinkBack Thread Tools Display Modes
  #31 (permalink)  
Old 04-28-2008, 03:05 PM
Trade It Trade It is offline
Senior Member
 

Join Date: Oct 2007
Posts: 114
Trade It is still new to the BabyPips.com Forum
Default

Could you tell me where you found that lot size should typically be 10 to 20% of your account balance.

Thanks Eric Martello
Reply With Quote
  #32 (permalink)  
Old 04-28-2008, 06:56 PM
mytwopips's Avatar
mytwopips mytwopips is offline
Master Contributor and Member
 

Join Date: Mar 2008
Location: Huntsville, TX
Posts: 311
mytwopips is still new to the BabyPips.com Forum
Default

Hi,
My intention with julian was not the points that he made here. Yes they are true, but on the other hand, they can be found in the first chapters of any Forex text that you can find. So not a real big eye opener.

My problem was he was caught in a lie twice. Come on here to help, not lie and mislead.

The mm example he gave here was a complete 180 from the example he gave in forextown about going all in with full lots regardless of account size. Then he finds his way here and says the exact opposite.

Whats Up?

Sorry to scramble up your guys thread.

Happy Trading
__________________
Currently Attending Irrational Exuberance Rehab And Doing Well.
Reply With Quote
  #33 (permalink)  
Old 04-28-2008, 07:51 PM
Eric Martello Eric Martello is offline
Newbie
 

Join Date: Apr 2008
Posts: 10
Eric Martello is still new to the BabyPips.com Forum
Default

Quote:
Originally Posted by Trade It View Post
Could you tell me where you found that lot size should typically be 10 to 20% of your account balance.

Thanks Eric Martello
Where I found this? You mean did someone tell me to use that? No, that's what determined to use that percentage on my own and it works for me.

20% * account balance
-------------------------- = Optimal Lot Size
% leverage

I open up to 3 trades.

Quote:
Hi,
My intention with julian was not the points that he made here. Yes they are true, but on the other hand, they can be found in the first chapters of any Forex text that you can find. So not a real big eye opener.

My problem was he was caught in a lie twice. Come on here to help, not lie and mislead.

The mm example he gave here was a complete 180 from the example he gave in forextown about going all in with full lots regardless of account size. Then he finds his way here and says the exact opposite.
I didn't see the other thread he posted in, but yeah, you do need to tune your lot sizes based on your account equity. Some prefer to use NAV but I go by balance. Of course, you can "supersize" your lot sizes IF you are comfortable with that level of risk. It's a great way to make and lose a lot of money fast.
Reply With Quote
  #34 (permalink)  
Old 05-07-2008, 04:56 PM
Vahid's Avatar
Vahid Vahid is offline
Newbie
 

Join Date: Dec 2007
Posts: 20
Vahid is still new to the BabyPips.com Forum
Default

Quote:
Originally Posted by straighttalk1 View Post
I have been using forex autopilot for about 3 weeks. It has done about 6 trades averaging 180 per trade and one 960 while I was sleeping. On a 1m euro/usd metatrader4 demo account. It seem promising. I haven't taken it live yet but plan to in the next week.

Any one have any data on Divergence-System.com they offer all kinds wonderful forex enlightenment and some interesting
tools(ea's).They too cost a few pips.
http://forums.babypips.com/images/smilies/rolleyes.gif

Richard
Hi,

Do you still use the forex autopilot? If yes, are you still happy with it? and could you please let me know what settings do you use?

Thanks in advance.

Best regards,
Vahid
Reply With Quote
Reply

Forex Forum > Everything Else > Rate my Software




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -4. The time now is 12:55 AM.
Search Engine Optimization by vBSEO 3.0.0
"The greatest success is successful self-acceptance."
Ben Sweet