Ilan,
Thanks for the reply. I bought a VPS now. Setup some demo accounts at three brokers and let it run.
I want to see what broker has better spread and swap in general. Also different hedge levels and see what it does. Cause that is a really tricky part of it. Also I try to put the starting capital very low, like 1000USD since that is more realistic for when I change to a live account.
I opened a demo account with pepperstone, like in the course. But the robots won’t start there. Simply because pepperstone has a 1:1 hedge and a minimal volume of 0.1 lot. So that is already 5500USD at the moment for only one order. So 1000USD is never going to make it. Also half of the robots have a lot of 0.01. So they cant come through here as well.
I also opened a account with IC markets with 1000USD. The hedge there is 1:30. But still at a very soon my margin comes in the 50% zone wich is dangerous for stop outs. I also saw a message in the journal that some orders fail market buy/sel 0.1 BTCUSD (no money).
I also opened an account with FP markets. They do 1:100 hedge and automatically put me on 100.000. Up to now that one is not giving any problems. Marge level is average 250% – 350%.
So my questions are
– Do we need to follow the 0.1 lot if the settings of the EA tells us that 0.1 is the lot for that EA? Or can we put it to 0.01 to minimize the risk and marge level. Lets say we all change them to 0.01 lot.
– How much money in the account is needed to not miss out on trades, not risk a stop out? And also what is a good leverage?
Raymond