Quote:
Originally Posted by BarrowBoy  Keep in mind the common availablity of micro & nano accounts, so people can start to play with 500 bucks...
Its all about lot size in relation to equity/balance. |
I agree. I have a mini account.
However, I notice that many authors code for 1 lot, and trading 1 lot on a $500 account on the default setup didn't last long. So partially this is for my ease of administration and setting up EAs and account, etc. I want to put the EA to work with the "default" settings.
The less things I have to change, the more accurate the results will be. Yes, I could set them up with $500, and be sure all the settings are correct, but when I am balancing my current workload with all these EAs, I would hate to get confused and make a mistake that would reflect poorly on the author or EA. This is especially the case if I set up an EA on a different brokerage (IBFX versus FXDD) who has different time zones or lot sizing rules, etc.
So ... for now, I've just standardized on what is easy. Perhaps as the site grows and things become more sophisticated, I'll change it up a little.
Bottom line: I want to have as level a playing field as possible so we can compare all the results equally.