HomeDaily ResultsMegadroid Results: Tues 5th Oct 2010


Megadroid Results: Tues 5th Oct 2010 — 4 Comments

  1. Hi Richard,

    I know you are using fixed lots instead of the RiskLevel setting. I am presently using the RiskLevel setting. The question I have is in regards to how high a RiskLevel setting would be advisable for the new 50:1 leverage CFTC cap?

    In one of your past posts, you wrote:

    “A Risklevel of 0.2 is probably about the safe limit with a 1:200 account.”

    How high would it then be safe to set the RiskLevel for a 1:50 account?


  2. Hi Massimo,

    I’m not sure if I can answer that question because I don’t know exactly how Megadroid 1.30 calculates lot size based on risk level. Megadroid support should be able to answer that though.

    The maximum lot size you can safely trade on a 1:50 leveraged account will obviously be less because more margin will be used to open the position.

  3. Hi Richard, I wrote MegaDroid support and received this answer:

    “The recommended risk level is still 0.1-0.2. The robot calculates the lot size accordingly to risk level, leverage, free margin. So, if it would be not enough margin, the robot simply opens the trade with less lot size.”

    I guess they recommend a 0.1-0.2 RiskLevel based on factors not to do with leveraging or margin since the robot would automatically reduce the lot size should the margin not be large enough. I therefore wonder what their basis for suggesting this RiskLevel is.

Leave a Reply

Your email address will not be published. Required fields are marked *