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Originally Posted by Farhad Farshad
turoro,
I believe envolving more than 1/10th of account balance into openinig new positions is very risky. my friends who have worked on this wild wild market for more than 2 or 3 years AND MORE know that expecting extra-ordinary profits such as 100% each month or 6000% in a year!! is only a joke which can be achieved only on 'BACKTESTING'!. so the best way is to take less risk and hence less yield and so less position.
when you have envolved more than 1/10th of your account the EA gives warninig which your money is not enough for more positions. you have 7 open positions and want more?
thanks for your attention.
farhad
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Thanks so much for your reply. OK, I think I understand what's happening. The open positions are for other EA's, not this one, all small positions and the total margin used by all positions is less than $20. I would think that this is less than 1/10 with room for more. This EA didn't open any. Will it refuse to open a new position under these circumstances? Does this EA have to run alone, or could there be a mathematics problem here?
Also I am running it on a fresh new account by itself. How long does it expect to run before opening any positions?