Initial Deposit.

 

Hiya. I'm wanting to test some of these EA's on a demo first before trying live, but i'm wondering what my initial deposit should be for them. I think I want to put in around $5,000 - $10,000. Would this allow me to trade without worrying about leverage? What systems work well with this amount of money? Also what could I expect with other systems after investing more at a later stage?

Thanks

Free Soul

 

Newdigital... Anyone?

 
Free Soul:
Newdigital... Anyone?

Hi Free Soul,

I am making the statements today for this section so I am completely out. I see all oposts but can not even thinkink about how to reply. No time sorry.

5,000 or 10,000?

It may be SBS, TPE, Scalp_net_1.5, StepMAExpert 1.45 and 1.42 ... many EAs. It depends on MM (lot size).

It is the better to ask about which EAs can not be traded with 5,000 or 10,000 deposit. It is Terminator and Frebird EA with any leverage and lot size.

Other EAs - depends on MM, deposit size and settings.

Goldwarrior can be used with 5,000 but one pair only.

Brainwashing can be used with deposit less than 5,000 (1,000 for example with 0.1 lot size). But you will need to adjust the level of iTrend indicator every weekend (it is no more than 15 minutes but still need time to do it).

 

Thank you so much. Assuming I wish to play with standard $100,000 lots which system should I be looking at and what should my minimum deposit be?

 
Free Soul:
Thank you so much. Assuming I wish to play with standard $100,000 lots which system should I be looking at and what should my minimum deposit be?

Depends on the system (EA). Every EA is very different from each other.

 

Your demo account(s) should be the same size as you could afford for a live account. If you only have $2K in real money then that's what your demo should be. If that limitation would exclude certain trading methods, then that's how it is.

Why would you practice a trading strategy you could never implement?

The purpose of demoing is to get as close to a realistic trading environment as possible.

If you are limited to a small account then you're put in the position of having to learn money management sooner rather than later.

 

which ea for mini account?

hi, I've just subscribed.

My questions is which ea works better on mini account?And which is the minimum deposit suggested?

 

Any EA will work with mini account.

I am moving your thread to discussion thread now.

 
carlo10:
hi, I've just subscribed. My questions is which ea works better on mini account?And which is the minimum deposit suggested?

If you just subscribe so read this thread first https://www.mql5.com/en/forum/174416

As to deposit size to it is easy that you tell which EA you are interesting https://www.mql5.com/en/forum/176044 and I may describe something about this EA including minimum deposit size. If I tested this EA of course. Some quick information you will find in this thread https://www.mql5.com/en/forum/173397 (page #54 if i remember). But it is the better to speak about some particular EA (not about all EAs all together).

 
newdigital:
If you just subscribe so read this thread first https://www.mql5.com/en/forum/174416 As to deposit size to it is easy that you tell which EA you are interesting https://www.mql5.com/en/forum/176044 and I may describe something about this EA including minimum deposit size. If I tested this EA of course. Some quick information you will find in this thread https://www.mql5.com/en/forum/173397 (page #54 if i remember). But it is the better to speak about some particular EA (not about all EAs all together).

I'm not interested in a specific ea.

I would only know which is the ea for me...

Slow risk on 250-500$ account..any ideas?

 
carlo10:
I'm not interested in a specific ea.

I would only know which is the ea for me...

Slow risk on 250-500$ account..any ideas?

You mean 250-500 deposit with 0.01 lot size? There are many EAs you may use. If you need I may detalize.

Or 250-500 using 0.1 lot size? If so i think it may be only Brainwashing EA versions (with manual confirmation for every order just as an protection because $250 for 0.1 lot size is not big you know).

Reason: