Trade could not be closed due to FIFO violation

[jacpin2002]

@Petko-Thanks for this. I am using your work around solution. I picked the strategy that has the higher winning percentage and also lowest drawdown as the one that will have the different lot size. Since I have less than 10 EAs running on live account right now, my lot size is 0.1 for one and 0.11 for the other. Not that big of a difference, but enough of a difference that i worked around the FIFO rule. 🙂

@Haliffa-I’m a US trader as well, so if this is the only thing preventing them from trying out EA Studio, let them know about my work around and they will be good to go.

[Haliffa]

Hello Jacpin,

thank you for letting me know this. I will let them read the forum a bit more 🙂

Thanks!

[Chingi]

I did not know there is such rule in US. Does not make sense to me..

[Petko Aleksandrov]

Hello Chingi,

yes, many traders from US complain about the FIFO rule, but it is very strict. The idea behind is to keep the traders from risk, but actually the risk is not in hedging but in everyone’s willing to risk. This is about the money management (huge lots trading in small account.

[Author]

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