FAQ (Frequently Asked Questions):
___What EA is used?
I use different EAs. You can use most of them 100% for free with my partner broker. The broker covers the costs so you do not have to. Also it is one of the biggest (and cheapest) brokers for forex and cfd trading in the world. Learn more:
https://en.bmtrading.de/free-expert-advisor/
In this stream you can see the following EAs:
Go Long EA (Magic Number 1, 2 and 3)
Range Breakout EA (Magic Number 4, 5, 6, 10, 11, 12)
Turnaround Tuesday EA (Magic Number 7, 8 and 9)
___Is it a live account?
Yes. I trade this account like a €50,000 account. Since it is a leveraged account I do not have to put the total 50k into the account. For this reason I just deposited 15k so far and will deposit more in case of a major drawdown.
__How much percent is risked per trade?
Risk is different for every EA. I talk more about this here:
https://www.youtube.com/watch?v=91jV7AjbBSc
*Complete MT5 Programming Course:
https://en.bmtrading.de/mt5-masterclass/
*Recommended Broker:
https://en.bmtrading.de/broker/
*Free Trading Journal:
https://en.bmtrading.de/tradebuddy/
*Free high quality Tick Data for MT5:
https://strategyquant.sjv.io/m5Myxa
*Free multi backtest portfolio anaylsis:
https://strategyquant.sjv.io/zNMGd7
*EA Builder/Strategy Development:
https://strategyquant.sjv.io/y2MAMy
Use coupon code BM10 for 10% off on all StrategyQuant products.
*These Links redirect to my webpage where you can find free or paid products and lots of useful information. Some of these links are affiliate links that will redirect you to my partners. If you buy and of the products I will receive a commission.
Learn about the benefits of automated trading. After programming trading strategies for a while I started teaching how to program expert advisors for the MT4 (MetaTrader 4) and MT5 (MetaTrader 5). Until now I only did videos in German but now I will start this channel with English videos to reach a larger audience of traders and help them improve their trading. There will be no fake trading on this channel and no lies. I show trading as it is - the good and the bad sides. Stay tuned and subscribe because you don't want to miss
Instagram:
https://www.instagram.com/rene_balke/
Trading in derivative products such as futures, options, CFDs, Forex and certificates involves a considerable risk. These products are not suitable for every investor. Investors could potentially lose all or more of the original investment. If anything, only money that equals personal risk capital and can be lost without jeopardizing financial security or lifestyle should be used. Partially or fully automated trading programs can only be used to support the trader. Past performance is not an indication of future results.