MT3 Position Size Question

One question I have is how do I set the percentage of each trade i.e so it
only trades 2.5% of my bank balance per trade? I dont want to blow my
account.

Morning mate. I have played with the MT3 settings and managed to get it up
to E11. 1750 pips in 90 days. Im going to get the money sorted then go for
it!

Hi

Good man - you cannot learn to trade live on a simulator - you need to get started wth a live system to learn.

You need to go live on a small amount of cash that you can afford to risk...
start and keep the position size small by the baselot size amount - get confidence it will work for you..first

General Params:
Strategy Allocation %: Change to 50% or less %
So that you dont start off too big... and so that target margin does not double the margin requirement etc..

Lot Size
I suggest 1000 to start with so you get confidence of using a live system
MT Base Lot Size 100,000K is $1 per pip - - change to 1000 or if you are really sure 10,000
MT Positon size 1000 or 10,000 to match above.
MT Max Position Size: 10.

Money Management

Account Stop 35%
Money Management Mode 1
Position Size Mode 1
Risk Factor 2.5