Every Automated Trading Championship allows to collect a huge amount of
unique information, which can be used for conducting various researches
and making interesting conclusions. This information is available to all
visitors of the ATC website. One of the Participants of the current
competition, the winner of the Automated Trading Championship 2007
Olexandr Topchylo (Better) took the advantage of this information to
analyze the dependence of profitability of participating Expert Advisors
on the money management used in them.
Different Expert Advisors use different
trading ways. Some use only a tenth of the balance to open positions,
others use the whole available amount. The less available funds are
involved in open positions, the lower is the risk for a trading account.
Although, it also means less potential profit.
The Expert Advisors that use a smaller
part of the account balance for trading risk less. The onces that open
positions with large lots risk more. Of course, in the Championship
there are more Expert Advisors of the second type, because without high
risks it is hard to win, if the criterion is the maximum balance at the
end of the competition.
The full text is available on the Championship website - Analytical Research by Better: Money Management in the ATC 2011.
The Sponsors of the Automated Trading Championship 2011 are MIG Bank, Go Markets and Vantage FX. The Media Sponsor of the Championship is Forex-TSD.