Thread: nanolot mt4broker

Originally Posted by ;

I think it's the best approach to understand Forex trading. Instead of using a demo because you'll make decisions based on actual cash not imitation. So I encourage people to train like that. Much eduion that is cheaper, I believe that's the best reason.

Nanningbob,

I can know were your coming from.

Nano in my speech = 1 penny per pip. right?

Micros are a coaching tool, if you're in a position were u cant afford to drop 100$ then I say if you are trading?

To risk a penny does not have any emotional impact on a trader. If it means nothing to risk 40 pennies on a trade what is the difference trading a demonion?

I exchanged minis for many years did nothing to help my trading. Once I stored up a decent account and moved to IB I was pressured into 80K min lots (yes I scalp and I never a stop wider then 10 pips) but if you trade with the mini attitude I had of, it's only 20$ you then see your account vanish. Should I make a mistake in IB it is felt by me. I trade 85k to 100k lots and it forces me to really consider what I'm about to perform.

To tell you the truth it has really helped my trading eventually become constant, I really ask why if I don't take this trade vs allows take and see what happens.

I've this opinion off my encounters

please new traders do not rush out and do so, this helped me. Micros are sufficient to understand on.

My 2 pennies

Originally Posted by ;

Nanningbob,

I will understand were your coming from.

Nano in my language = 1 cent per pip. right?

Micros are a training tool, if you're able were u cant manage to lose 100$ then I state if you are trading?

To risk a cent does not have any plogical impact on a trader. In case it means nothing to risk 40 cents on a commerce what is the difference...

Expertise is The BEST TEACHER. Let them feel it too...

Originally Posted by ;

Nanningbob,

I will know were your coming from.

Nano in my speech = 1 cent per pip. right?

Micros are a coaching tool, if you're in a position were u cant manage to drop 100$ then I state should you be trading?

To risk a cent does not have any plogical impact on a trader. If it signifies nothing to risk 40 pennies on a trade what's the difference...

Fair enough, there comes a time when you have to go into the major leagues and make considerable money.

Originally Posted by ;

seriously,

what's the purpose of trading nano lots?

Apart from ea testing I can't see any point in em in any way.

The motive for trading nano lots un loe attached

the EA would perform much better/safer on hedge letting broker...

Whats not to comprehend? I believe Nano's have good learning value because at least you're in the real market rather than demo fantasyland where you will not ever get a requote and nearly instant fills. Nano's expose you to the conditions of the real market and that is valuable particularly for EA's. Will your system or EA profit when exposed to fill flaws, requotes, etc? Nano's allow you to find out.

Originally Posted by ;

Fair enough, there is a time when you have to enter the major leagues and make serious cash.

or lose serious money!

Originally Posted by ;

the reason for trading nano lots u find attached

the EA would perform much better/safer on hedge allowing broker...

like mentioned they are some reasons to exchange nano lots. My point is when you what things to advance in trading, then I have discovered at a specific point on your journey that you want to concur your emotions to achieve success at this.

After reading trading at the zone multiple times I really understood the point of every trade is a 50/50 no emotion, I have loed a small dose of fear keeps you honest. This is a fine line, I needed it. I am not saying that is what members want.

I simply got stuck at the mirco / mini land of I am not concerned about losing small quantities so I exchange with out area.

Once I move up from my comfort zone it forced me to really think about what I was doing and I fell the'she'll be right attitude'.

Nano lots offer a training purpose real time I must concur with this. But in the long run you won't feel the need to really take care in what you are doing in the event that you stick with it.

Sure for quite low financially endorsed new traders exchange Nanao lots. I concur with fulltime on demo fill fantasy land that is the damned reality.

But there is a period when you need to step up a notch cuz the bad customs developed with nothing to lose stay with you. In my exprience

Onu

if that is your EA outcomes then nice one!

Onu, if the ea conducted like that and you quit your job moved full time. You say okay I will begin a account on 20k you conduct it on 100k lots. First day you are down 3 trades in 10pips a trade. This is the first time you've seen a $300 draw down.

At this point the feelings you feel might enable you to halt the ea and begin tweaking, or demo run it. You demo run it daily two with 100k lots you create 50 pips, more feelings on which you missed. Is your mind clear and stable right now?

Your mind is not adjusted to that level of loss as the account has always been in 100-200 risking 20-30 cents a trade.

This really is my point, this may send you in almost any way. If you had worked up to it that loss of 300$ possibly easier for you mind to take as you seen and felt losses such as that before.

This is simply an example mate, I am not trying to think I understand how you think.

cheers

Originally Posted by ;

like said they're some reasons to trade lots. My point is if you what things to progress in trading, then I have discovered at a specific point on your journey you want to concur your emotions to become successful at this.

After studying trading in the zone several times I actually understood the point of each transaction is a 50/50 no emotion, I have loed a small dose of fear keeps you honest. This is a nice line, I had it. I am not saying that's what other members want.

I simply got stuck in the mirco / mini land of I am not worried about...

For me it had been developing a trading system that I had absolute confidence in. If I will bang away in a 75% win rate consistently then I am ready for bigger items. I discovered trading trading demos it had been easy but trading pennies it became harder. Now I can trade consistently and with confidence in the machine I've moving up in lot dimensions doesn't change my trading style or system. The ratios stay the same. How much to trade per cash in the account was the best lesson I learned from NANO trading. I discovered the hard way Forex Currency trading what is cash for my margin usage and capitalization. I know from trading live where my line in the sand is. I discovered that spending tens of thousands of dollars not thousands or even ten thousands. I now consider my self ready to trade larger things using the very same lessons I learned . I did not learn these lessons using demos. It's simply not the exact same thing. That is my point. EA testing also is a good reason, they simply dont trade the exact same on a live account as they do a demo.

@gt;Apocalyptolt;

I m trading for a living as 2003, I m managing accounts of some hundred thausend bucks. I know to take care of reduction. Its my EA, and yes. Nano lot acc is the most affordable way to forward evaluation new multipair egy under realistic trading requirements, bc mt4 doesnt let backtest with this EA. Since the EA employs hedge places I m looking for a NON Newrulesinfavorofbrokermaronland(USA) broker. Hope u got it today...

Originally Posted by ;

Does anyone know a documented MT4 broker outside USA with lot?
Thx .

Havent hear of one. Sounds more like a U.S. thing