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Originally Posted by Hendrick
Fikko,
I'm not sure what you mean with "Phoenix may open 5 trades for 1 currency". If that's the case then I think you have more than 1 Mode set as True. You have to set only one of the three modes set as True.
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I'm not quite sure if the "5 trades per currency" is valid, but I guess one of the reasons why I brought up the MM side of things is that
"ideally" I'd like the Risk parameter to represent my potential for loss on one signal (wheatver it be 1 trade or 2 or 3 trades).
So for example in mode 1 if we have a signal and a setting of Risk of 1%, to me that would mean that I can loose at most 1% of my account value on this particular signal.
Another example, in mode 2 where there may be two trades as a result of the one signal, then most likelly it would be preferable to split the 1% into 2 parts and risk each part on each trade. (though this is a bit slippery in this case since if I'm not mistaken the second trade doesn't come into play untill the first trade is set at BE and in profit already)
Hopefully I'm not confusing things here, but that was my intention initially.
What do you guys think about it?