the max-daily-loss kill switch is the single most important one. without it every other guardrail is optional. with it, the worst overnight case is a known bounded loss instead of a blown account. set it and test that it actually fires on demo before you sleep on it.
U
urbanlegend
@urbanlegend
Posts
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running an EA 24/5, how do you stop it doing something dumb while you sleep -
vantage markets, how does it compare to pepperstone and ic marketsdepends on your volume. for trader doing 5 lots per month, 0.2 pip spread difference = $20/month difference. probably not worth the switching friction. for trader doing 100 lots per month, same difference = $200/month. then it adds up. compute your annual difference based on actual volume before switching.
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adding to winning trades, do you actually do this or just talk about iti tried pyramiding for years and was bad at it. switched to a 'partial profit + runner' approach. take 50% off at 1.5R, move stop to break-even, let the rest run with trailing stop. captures most of the pyramiding upside without the psychological friction of adding.
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admiral markets after rebranding, anyone notice differencesadmiral markets rebranded to 'admirals' a couple years back and shifted some marketing toward retail education content. as a long-time admiral markets client wondering if anyone noticed substantive changes in trading operations vs just marketing changes.
pre-rebrand they were known for solid mt4/5 execution and reasonable spreads on a fca/cysec entity. is that still the current reality?
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axiory belize regulated, anyone using them long termconsidering moving some capital to axiory after 2 years on xm. they're belize regulated which i know isnt tier 1, but they have segregated accounts and ive read decent things about execution quality.
the worry is the belize licensing. its better than nothing but worse than asic or fca. for a $20k account, am i overthinking the safety angle?
who here is actually trading with axiory now? what's your withdrawal experience like?