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Hi, Troy,
I am using LRR 30% for EurGbp and EurCHF and 10% for GbpChf. I am not trading with UsdCad pair, cause demo analysis showed that it trades alot on this pair, but there are many lossers. So I turned it off.
All my settings arrised from Charles Aggressive sdtrategy too.
I opened an account on Admiral Markets with $300 and leverage 1:200 and the first five trading days I got $42 profit. It’s about 14% profit per 5 days. Very good. And I believe that the biggest success I got from fixed spreads.
Before I traded at FXPro with floating spread and it was awful.. I put $400 and lost $180 within 2 weeks, because of trading USDCAD and floating spreads.
Troy, if you do not wan’t to have a big risk, lower your LRR settings on every pair you are trading. LRR sets the maximum percent of your capital that FAPTURBO can use to open a trade position. Currently, with my settings FAPTURBO opens trade positions with 0.06 lot oon EURGBP and EURCHF and 0.02 lot on GBPCHF.
Try to find a broker with fixed spreads lower or equal to 5 pips.
Good earnings Troy!
If you have more questions, please ask!
What is the lot risk reductor and what does it do? And if I’m only starting out with about $300 does this effect the LRR setting? I noticed Mark Larsen is making a killing with Charles Floyd’s Agressive strategy but he started with $5000…as I said I’m only starting with $300…I know you are not a finacial advosor but any input on the best settings for my beginning amount would be appreciated. I do not mind being agressive i just don’t want Fap turbo to risk to much of my investment at any one time.