South African newbie with some questions :)

Beginner Questions
1

The fact that I’m South African is not relevant at all. Just threw it in there for interest’s sake :stuck_out_tongue:

So my questions are:
[ul]
[li]When using EAs, is it possible to set your lot size to 1,000? I do that when I place orders manually and I like it as it really limits my losses.
[/li][li]Is there an automated system out there that’s suited to an account starting off with just 100EUR? I currently make 20 pips a day and I would love it if I could automate that but some of the decisions I make now can’t be automated so a tried-and-tested EA would be cool.
[/li][/ul]

Well, that’s it for now. Hi and bye :slight_smile:

Oh and kudos to whoever wrote the School lessons. It took me a weekend to start understanding forex and another week to start understanding some more advanced stuff. I’m no pro, by a LONG shot, but at least I understand what’s going on now - awesome kudos to you dudes!

2

Why would you only risk 100 euro if you where actually making 20 pips a day ?

3

Because I’m still learning and want to mitigate my risks. AvaFx gave me 100EUR to play with so I’m just working with that to see if I can increase it. I don’t have any other money that I’m prepared to risk other than this, so this is it.

(The last thing I need is to deposit more money and then go on a losing streak. I’d rather lose the money they gave me than my own. At least while I’m still learning.)