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deeej85
14 Mar 2020, 02:31
RE: RE:
pvandenberg99 said:
Hello Panagiotis,
Thanks for your reply.
Yes, my account balance is much smaller than the account of the strategy provider but it still met the minimum investment size required to follow the strategy.
Peter
Hey mate,
I have noticed a lot of strategy providers don't take into account their clients risk. You will see a lot that have a minimum investment of $100 but they may be trading a larger account just like the one you had followed. So in this case people will follow because the investment to start is very low. The problem with that is, If the strategy provider takes a trade with a 1% risk with a 100 pip stop then because your account is a lot smaller it will still take the trade with the minimum allowable volume but your loss may be 10% or more depending on the stop size and those kind of factors. So if you are going to follow someone the best is to follow with at minimum 1k. That way a 1% on the providers account will most likely be a 1% loss on yours also. Or close enough to it. That's how I have mine set up anyway. A minimum of 1k so it keeps my clients losses around the same percentage as my losses. Hope this helps and sorry if you already knew this.
@deeej85
deeej85
03 Jan 2020, 07:12
RE: RE:
deeej85 said:
Kind Regards
David BennettMy broker is IC Markets. I though it may be caused because it tried to take two trades at the same time or that maybe my vps server may be a little slow for it to take 2 trades at the same time. Other then that I have no idea. There is plenty of capital in the account for the 1% risk.
I think it was due to not enough memory. So problem should be sorted now
@deeej85
deeej85
02 Jan 2020, 21:26
RE:
Kind Regards
David Bennett
My broker is IC Markets. I though it may be caused because it tried to take two trades at the same time or that maybe my vps server may be a little slow for it to take 2 trades at the same time. Other then that I have no idea. There is plenty of capital in the account for the 1% risk.
@deeej85
deeej85
16 Mar 2020, 09:25
RE:
PanagiotisCharalampous said:
I have just sent the email. Hopefully you can find what the problem was. Thank you.
@deeej85