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0xBitpoolParticipant
Sad I can’t edit the first post, but I thought inserting the myfxbook widget here would be cool.
0xBitpoolParticipantThe MetaTrader VPS hosting service also means that you need to pay 1 VPS service per MTx account. I don’t exactly know how much it is (and I’m curious about that) but it could add up significantly of like me you have 5+ MetaTrader accounts running in parallel.
0xBitpoolParticipantLittle update: we seem to be sailing in good waters 🙂
0xBitpoolParticipantChallenge update!
For the moment, all seems to go pretty well.
0xBitpoolParticipantI’m curious how to calculate the pip value now 🙂
0xBitpoolParticipantWish you all the best for your challenge!!
0xBitpoolParticipantHere is the decision for the weekend:
– I’ll reduce the lot size so that the risk is 1% for the whole account and not each individual EA. That means each EA will use 0.5 lots instead of 01.5
– Next week I’ll start a 10K FTMO challenge with all EAs using a minimum lot size, and that will be the account I’ll be monitoring the EAs performance to select the top 3 performers. Big shout out to Alan for this idea !0xBitpoolParticipantHere is the decision for the weekend:
– I’ll reduce the lot size so that the risk is 1% for the whole account and not each individual EA. That means each EA will use 0.25 lots instead of 0.75.
– Next week I’ll start a 10K FTMO challenge with all EAs using a minimum lot size, and that will be the account I’ll be monitoring the EAs performance to select the top 3 performers. Big shout out to Alan for this idea !0xBitpoolParticipantWow thank you so much for this detailed answer Alan! It’s really useful and makes total sense. The idea to use a real FTMO account with a reduced lot size is honestly a very smart move!
0xBitpoolParticipantThe lots were too big. I learnt that the recommended lot size is for the account. Not for each EA. Went with 6 lots per EA, for a total of 42 lots.
Your approach is correct.
0xBitpoolParticipantThank you! That’s interesting, I didn’t have NZDJPY as a top performer. What’s your broker?
0xBitpoolParticipantI’m in the US and from what I believe, IC Markets doesn’t accept US residents. Plus, I think it’s best to test on the same broker to have the same conditions
0xBitpoolParticipantTo prevent too much risk in the trial account, I reduced the lot size from 6 to 1 (200k account). It’ll still be good to see the results
0xBitpoolParticipantMy FTMO trial account blew up, so I need to start fresh. I’m not gonna be able to see which ones of the 7 EAs are the best for the next week. What would be the good move here? What are your top 3?
0xBitpoolParticipantReintegrating EURAUD after thinking a little more: I want to keep the top 3 (despite the facts that the tests EAs are all in the negative except for one for now)
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