Risk % per trade

[Raymond McDonald]

I’ve just implemented the the 5 EA’s on a demo account and the first two trades have been opened. One question I have is, what is the default risk lot/percentage? when manually trading, I typically risk 1-2% of my account per trade. Can this be adjusted on the EA’s?

Thanks
Ray

[Alan Northam]

Hi Raymond,

Go to upper right corner of the trading chart and right click on the smiley face or blue hat. Select Expert Advisor, Properties, Inputs. There you can adjust the lot size.

Alan,

[Raymond McDonald]

Thanks Alan

[Maarten Vollebregt]

Hello,

I also want to have good control over the risks (as much as possible). As Raymond said 1 or 2%. But in manual trading I learned to scale my lot size based on the amount of pips I place my stoploss. I used fxbook for this. But trading with the ea’s gives random stoploss positions. So what’s the best way to calculate the lot size for an ea. Now I use for a 10000 usd demo account 0,1 lot size for each EA.

Cheers,

Maarten

[Alan Northam]

Hi Maarten,

You can use a position size calculator to calculate the lot size based upon risk.

https://eatradingacademy.com/forums/topic/forex-diamond/#post-249996

Alan,

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