Fund size?

[Biakit]

Hi all,
Newbie here. I installed last night and set up some automated trades. All of which are failing because of insufficient funds. I have £300 in my account and I've played with various settings including Lot size of 0.001, and 0 (dynamic) and Risk 2%, SL 0, which I presumed would be enough to start a trade? But clearly not.
So my question is - how do I reverse engineer what amount of money I need to fund my account with for these trades to work?





Thanks

 

[tensolin]

0.01 lotsize and risk setting i understand 2 % are 0.2 insteed from 2.0...all my Tests with dynamic lots failed. Just a Info by the way

 

[Akram]

As the devs suggested in the official website of Galileo FX, for every $1000 use 0.1 (you need to convert this to euros if you want to reach my same conclusion).
I started with $500 and I'm using lots between 0.01 and 0.07. Since I'm using 9 pairs, sometimes I have to bring the lot size from 0.07 to 0.02 to make Galileo FX trade for this pair.
The risk I use usually 0.5 but I can take it to 0.4 or 0.3
I'm using two accounts, one is fake with paper money and the other is real with $500. I started analyzing the lot size when I saw transactions happening in the fake but not with the real with same presets. I figure out that's because of lot size thus I came the previous conclusion that I just shared with you.
Hope this helps.