Been running an EA on a demoaccount for 6 months (!) and i’m totally confident the way it trades and im comfortable with the drawdowns.
My exeperienced dd is about 5% and the 10 year backtest show an dd of 10%.
My idea is to fund an LIVE account with an specific amound of money so when the EA generates an dd exceeding 10% the account will margin out.
How to calculate the amound USD needed for a micro-lot based on these ideas?
Thanks!
Depends on your broker and their leverage
Exactly. You need to do some more research.
Live trading is quite different.
You need to test this EA on a small live account. You would also need to live test this on several live brokers since they would/might yield slightly different results once you run your EA with them.
I also think live trading is different from demo . We can not get as much successin live account as we are making god money in demo with or without EA. You should try to manage a little amount that much you will incest in live account to test what is your performance. In micro accounts pips are traded in cents and depend on broker’s offerof lot and leverage