Money management ?

[Milen]

Hi Guys
is it possible to use money management with FXpro (FXpro is 5 digit broker ) and if the answer is yes , would you be so kind to sheared it with me :)
Thanks in advance.

[dcrowley06]

I use fxpro with the FAPTurbo EA. The EA automatically recognizes that you have a 5 digit broker so it will adjust accordingly for you without any intervention.

So you just need to set the LRR to something you are comfortable with (between 1-very conservative to 20 - ultra risky.) I can tell you that I use 10 on EURGBP and 5 on all the other three. When I get hit with a loss on the EURGBP I feel it, because it is roughly 350 dollars. (On a 3k account)

[moneydream]

5 is quite reasonable value for LRR setting. I used it on all 4 scalper pairs all the time and sometime adjust some profitable pair's LRR up to 20 in good market condition.