Fixed amount in risk management
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Risk management is missing a good feature. Having a fixed amount to loose is much better than just setting fixed lots or in percentage. For low amount accounts like having a 20% drawdown the amount in percentage wont be equal as when the account was 100% therefore is good a user setting like to risk 50 usd in every trade and from that the system will know the lot size to be taken.
James Wachira
10 months ago
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7 votes
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Feature
Hello James, This option is exactly the same as Risk % balance. Just put the percentage of your balance you want to risk per trade here. The EA will calculate automatically the lot size depending on the risk % balance you put on the EA settings.
0 10 months ago Reply
Hi Copygram,
It is not the same. With risk % balance the usd amount risk per trade will be different. It would be great to have the option to have a fixed amount per trade.
Trading with a fixed amount per trade would give a different Risk % balance per trade. (Unless the last trade was a break even trade)
0 5 months ago Reply