Help with Cents Account and Signals
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I have a Cent account with $500 USD in it (shows as 50,000 in MT4)
I'm following a signal with a $2000 account.
So, I have invested 1/4 of his account, but because of the Cent account, shouldn't that be seen as 25 times more? I have my percentage use set to 95%. Todays trading shows a problem.
Signal made a trade of .18 lot, my account made a trade of .03 lot.
Signal traders return was 14.44, my return was 1.68.
If they were both standard accounts, that would look about right. But I have a Cent account. so that means the signal made 14 dollars, and I made 1.68 cents.
My equity is 25 times what his shows, so shouldn't I have purchased roughly 4.25 lot, instead of .03
Did I set something up wrong?
his account made a hundred dollars today, and I made 13 cents. What's up with that?