Ok… it’s time to lay out my game plan. I have been shooting in the dark last month and one of the mistake I did was… no actually there were two mistake I did.

One was cascading or stacking too many EA on one account. Two, fixed my lot size instead of using the internal money management system.

Lesson learned once again.

There is no harm actually in stacking a few EA on one account. The problem was that I did not control my risk when I did that. Meaning I was taking on too much risk in one go. Bad idea.

So the corrective action would be to use the money management system if the EA does have this function. Set the money management to risk only 2% of my balance. On my micro account that would mean 0.0x lots per trade. Return would be small but losses also would be small. Hopefully, in the coming months my profits would outweigh my losses. That is the general idea isn’t it?

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