hi i would just like to know if 662 dollers can hold a lot size of 3.00
Forum on trading, automated trading systems and testing trading strategies
How to Start with Metatrader 5
Sergey Golubev, 2017.03.28 08:27
As many people are asking about "How to open account with MT5" and "How to add the broker to MT5" so I want to remind the following links:
MetaTrader 5 Help - Open an Account
MetaTrader 5 Android OS Help - Opening a Demo Account
MetaTrader 5 iPhone/iPad Help - Connecting to an Account and Opening a Demo Account
Simplified way to request a real account in MetaTrader 5 Android
how do i get set up from here
Sergey Golubev, 2017.01.09 05:52
Find a Server by the Broker's Name
Another convenient new feature of MetaTrader 5 is adding brokers' servers by their names.
With the previous version, you had to contact your broker to find out
the IP address of the trade server or download a special client
terminal. Now, you simply enter the name of the broker. The system
automatically finds the server with the specified name and adds it to
Help for beginners
Sergey Golubev, 2017.09.02 09:19
And some more usefull information:
How to make a search on the forumhttps://www.mql5.com/en/forum/193510
And this is the key article about Metatrader 5:
MetaTrader 5 - More Than You Can Imagine!
The development of MetaTrader 5 started in 2007. MetaTrader 5 was conceived as a revolutionary, multi-market platform that can run on Forex as well as on any other financial market. A lot of work has been done since then, and the result of this work is the platform that provides unlimited opportunities to traders. In this article, we will talk about all the key features of MetaTrader 5 and carry out a comparative analysis with the previous version of the trading platform.
Yes, you are right.
That is why he needs to try to by himself by openning demo accounts with many brokers/leverage and try it for many pairs.Or he can select the broker ...
As I remember (could not find it sorry) - there are few indicators on the CodeBase to evaluate the risk concerning the situation he explained for example.
Meaningless question. Risk depends on your initial stop loss, lot size, and the value of the pair.
I just traded 3 LOTS of EURUSD for 730$ but the price went to the opposite direction and i had a drawdown of 150$ so 730$+150$ =880$
Then price went back to its original direction and i made 135$
Also in my account i had more than the 880$ to evade the 80% Margin call that my broker puts
Long story short the answer is either no or yes depending on market direction/momentum/drawdown/and a lot of forex dependencies that is not useful to explain here since the answer contains at least 50% of the knowledge of how trading works so i hope i added a hands on useful information, the question is a bit wide i guess
If you found that you don't understand 2 things or more in this answer then you gotta read more about forex since the question itself will not give the full insight about how things work