My £10,000 demo account has been blown and this has caused the bot to miss some trades this week. I have attempted to replace the trades it missed manually.
Looking back £10 per pip fixed stake on a £10,000 account where the stops are around 80 pips was way too much risk (8%). More sensible is a risk of 2% or less; which means I needed a starting bank around the £50K mark for £10 per pip not £10K.
I have reduced the lotsize to £1 per pip and hopefully this will last for the remaining 2 weeks of the trial.
Week 9: -242.10 pips for £ -1617.00
Overall: -885.40 pips for £ -8050.00 with an average stop of 80.2
Using a £2,500 starting bank and 2% risk, the balance stands at £2,028.12
|Open Time||Type||Currency||Price||S / L||T / P||Stop||Pips|