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Question: lot size differences between signal and copier?

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Yvan Coessens
65
Yvan Coessens  
I'm copying this MQL5 signal https://www.mql5.com/en/signals/35539 with 2000$ and my lot sizes are way lower than the MQL5 signal account has.
I mean the lot size is way lower than it should be.
This account shows a 28,000+$ balance and mine is 2000$. So my lot size should be around 0,06+ lots (1/14) and not 0,03 or 0,02 like it is now.
My account has a 1:300 and the signal has 1:500.
I use 95% of my money to copy his signal.
I guess that the reason for this is the difference in leverage between the 2 accounts.

Or am I wrong in my logic?


Thoughts....?

Alain Verleyen
Moderator
31185
Alain Verleyen  
Yvannke:
I'm copying this MQL5 signal https://www.mql5.com/en/signals/35539 with 2000$ and my lot sizes are way lower than the MQL5 signal account has.
I mean the lot size is way lower than it should be.
This account shows a 28,000+$ balance and mine is 2000$. So my lot size should be around 0,06+ lots (1/14) and not 0,03 or 0,02 like it is now.
My account has a 1:300 and the signal has 1:500.
I use 95% of my money to copy his signal.
I guess that the reason for this is the difference in leverage between the 2 accounts.

Or am I wrong in my logic?


Thoughts....?

Your volume ratio is 4% : (0.95*2,000)/28,000*(300/500). So for 0.95 lot size of the provider, you will get 0.03 lot.
Yvan Coessens
65
Yvan Coessens  

What a crappy system this seems to be. Jesus Christ, what a waste...


Thanks for the help anyway

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