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Forex Funnel Margin

Discussion in 'Beginners Bootcamp' started by stickerman, Oct 11, 2008.

  1. stickerman

    stickerman Recruit

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    As a newbie to Forex I have a basic question. In the reviews of Forex Funnel Brodie Vancouver talked about big drawdowns and losing money. Lisa London countered this by saying the lot should be .01 not .1 All this I understand. However, would it not still be safe and well covered to increase the lot size a bit, to say .02 or .03? Would this still give enough cover whilst increasing profit. I have a demo account set at 200:1, and want to monitor a realistic balance of profit / risk.
    Any help out there would be appreciated.
     
  2. Pharaoh

    Pharaoh Colonel

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    It really depends on how much money you have in your account and how bad the drawdowns are. I'd recommend trading any sort of automated software only on demo or only with nanolots for an extended period before trying them with any significant amount of money.
     

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