Just an FYI - I sent Jerry this message via email yesterday:
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Originally Posted by James Fullerton Quick question - the current lot size is 0.02. Would you recommend changing it to 0.2 or leaving it alone? |
And Jerry replied:
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Originally Posted by Jerry Brunet No, leave it where it is. The EA should trade no more than .01 lots for every $2000 in account balance on a standard account or every $200 of balance in a mini account. This is very conservative, but is necessary for those rare times when the AUD/NZD moves to the more extreme ends of its trading range. The proof.pdf that is in the zip file that the RoboMiner came in goes into the mathematics of this in more detail. We could trade more lots and make money faster, but it is not as safe for the long term to do that. |