Last Sunday I started a 10 pair Swap Collector 2 and lot size was .01 which I thought was 10 cents.It turns out that since Forex.com uses 5 decimal points that it's actually 1 cent.Through the start of the week the account climbed to over $700.00.That's even more amazing that it was on lot sizes of 1 cent.I do have some pretty volatile pairs like GBP/JPY which was channeling 4-500 pips but with multiple lots at 1 cent it wouldn't take long for the account to show a big profit.Just the same it could have gone to the minus side also but all 10 pairs would have to break down together.
The week closed at $300 dollars so if I had of closed the account at $700 then closed an additional $300 the take was over $1000.This from 1 cent per lot.
Now I have had a lot of traders voice that they have $500-$1000 to play with and my suggestion to you would be to start with 4 pairs at 1 cent and have max lots at 20.I don't see any point in placing the first 10 trades for swap as it won't collect that much and those extra 10 trades can collect nicely at the 100 pip target.
My 4 pair Swap Collector 2 that started June 18th went over the 20K mark this week with swap around $1455 right now.You can see that you collect the price of Swap Collector 2 over and over again with the profits from the EA.The other nice feature is the "set and forget".I never close,adjust or take profits manually.I start the platform before Sunday open and close it Friday close.
David aka spiritfriends
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