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I wish I started trading with EA Studio when I was a student 🙂 I would have been a master now. Jocking, that was 12 years back and EA Studio was not developed.
You start with it in the best possible time! Good job!
Wow! I missed to see this topic, and not watched the 4 videos in a raw! Very nice! I liked the last one the most. Interesting approach, Petko!
Thanks for the work to share what is new with EA Studio, this way we will use it properly.
Nice to know what is coming up. I am experienced with MetaTrader, but I take every new course from you Petko, because there is always something new for me. 🙂
This topic about How to recognize the Scam brokers is really useful!
I had a friend who was nearly scammed. He called me to ask few questions because he knew that I have been trading from quite a long time.
From what he said, I was sure that this was a Scam broker. I sent him the link from this page, and he actually realized it.
Hey guys,
do you know that now it is available to use up to 500k bars in the Data in EA Studio. That is only for the licensed traders by the way.
Have someone tried that?
If a broker makes a forum on their website, I will be the first one who opens live account there.
I do not believe this will happen.
I am 1:500 leverage and for me is just fine, as Petko says with good money management should be all fine
Hello Andi,
I guess you wanted to ask if you can use EA Studio on many browsers, not brokers 🙂 If this was the question, yes you can. However with me when I put it on more than 3 the generator becomes a bit slow, but still very useful. I have computer and laptop, so i run 5-6 reactors every night. This Forex robot software is the think that changed my trading.Petko, thank you so much for this discount! I will take advantage of it and take all the trading courses! I was busy the last weeks and did not see that. Glad I am not late
Take it as something simple, because it is really simple when you get used to calculating it. Its like one of these games where you are looking for some hard math solutions, but it turns out to me that you need to find how many squares and circles are there. When I took the cryptocurrency – algorithmic trading course I felt as real beginner, but then I figured it out
The idea is that we compensate the loss if the price goes against the initial trade. The lots come from the calculation. The constant is 1:3 – mid zone to TP.
So if you choose 210 TP and 70 Mid zone, that is the same ratio.
After that you want to enter with a new trade on the opposite direction which is 70USD lower, and you place another 210 as TP. So the total distance for the first trade is 280 right?
So the questions is what is the lot size that will cover the loss of 280USD?
You grab the calculator and start to place number higher than 1.0, such as 1.1, 1.2 1,3, 1.4, and that’s it. At 1.4 times 210 is 294USD, which exactly covers the 280USD of a loss. And you have 14USD left for swap, commission and so on. The same logic repeats with the next lots.Great to hear you have held the bitcoin. I had two friends who sold many out when it was below 1000. But I do believe no one expected it will reach these levels. I took the Optimal Pack here and I loved the bitcoin trading courses from Petko, because you can use it no matter where the price is.