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Zumba has taken 4th place in Live FX Trader Contest Nov 2024, week 1

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Zumba has taken 7th place in Live FX Trader Contest Oct 2024, week 4

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What I can't understand...

How is it possible to increase the traded volume so much without losing too much in % of gain?
I also tried to open and close the position immediately, but the loss in % of gain does not balance the increase in traded volume.
What is the magic technique?
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V_2017 avatar
V_2017 22 اکتبر

Hi Zumba, risk management, you need to control your use of leverage.  Here we use 1:200 leverage, I don't advise you to risk more then 4% your capital if you keep positions opened on weekend. If you are sure regarding the position that you open you can increase percent to risk. and reduce you SL for some amount that for you is ok if you lose it. But remember that short SL will increase the chances to reach the SL and big stop loss will reduce you volume.

V_2017 avatar
V_2017 22 اکتبر

You only can use the volume concern your equity. When do you see amounts above 1M, sure that these accounts still above 2K on equity.  Increase your capital and subsequently will increase your volume.

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AfriKan 23 اکتبر

@Zumba: Robots

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