Discussion of article "General information on Trading Signals for MetaTrader 4 and MetaTrader 5" - page 10
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Reference to deal volume, how to make sure that there is enough free margin to cater to floating drawdown without having margin call.
The deposit loads you mentioned are huge, lower your participation percentage in signal's settings (lower than the 95% maximum).
With such lot sizes and deposit loads, the margin call is inevitable.
The deposit loads you mentioned are huge, lower your participation percentage in signal's settings (lower than the 95% maximum).
With such lot sizes and deposit loads, the margin call is inevitable.
I just applied the formula: (500/358) * 1 = 1.3 lots. Pls correct me the formula needs to incorporate the required margin effect also.
I still don't understand, the fact remains that with such deposit loads you will get a margin call sooner or later.
I still don't understand, the fact remains that with such deposit loads you will get a margin call sooner or later.
Read again your initial post please, I think you have confused balances with deposit loads.
"Suppose my deposit load is 500 with leverage 100:1 whereas provider's balance is 356 with the same leverage of 100:1 so the max open lots are 1.3. Now keeping the required margin of each FX pair in mind, it will be around $150-200 for 1.3 lots which is up to 40% of my balance and certainly not recommended for risk management pov. What would you recommend in this situation?"
If your deposit load is 50% is quite acceptable, the 500 made me tell you that is huge.
Read again your initial post please, I think you have confused balances with deposit loads.
"Suppose my deposit load is 500 with leverage 100:1 whereas provider's balance is 356 with the same leverage of 100:1 so the max open lots are 1.3. Now keeping the required margin of each FX pair in mind, it will be around $150-200 for 1.3 lots which is up to 40% of my balance and certainly not recommended for risk management pov. What would you recommend in this situation?"
If your deposit load is 50% is quite acceptable, the 500 made me tell you that is huge.
Max deposit load = Max Capital protection, right?
The smaller the maximum deposit load, the better for your account.
1.3 lots for a $500 account seems too much, yes.
The smaller the maximum deposit load, the better for your account.
1.3 lots for a $500 account seems too much, yes.
Max open lots should not exceed ____% of your balance.
There is no definite answer to that question, it depends on your trading style, the undertaken risk and many other factors.
Some say that the ideal trade size is 0.01 per $1000 per trade, others say 0.01 per $3000, some others may open 0.10 per $1000.
It's all a matter or risk management really.
Also it depends on the number of trades that will be open simultaneously, some strategies have only 1 trade open at a time, some other grid strategies may have dozens.
Personally I feel comfortable with anything around 0.01-0.03 per $1000/trade and a deposit load under 50%, but this is all very objective.