Galileo FX ~ How to Pick the Perfect Lot Size for Your Account

[The Common Sense Investor]

Hey everyone, CSI here—let’s cut the fluff and talk about the #1 rookie mistake in Forex bot trading: picking the wrong lot size. You load up your shiny new bot on three charts, hit “go,” and suddenly your account looks like a haunted house after a Halloween sale. Why? Because you didn’t divide your balance properly.


Step 1: Chart Count
You’re running three charts? Fine—but your balance isn’t magic. Take your total (say $1,000) and divide by three. That gives each chart $333 to work with. If all three bots trigger at once—and trust me, they will—you need that cash ready.


Step 2: Buffer Building
News bombs drop, tariffs surge, and currencies can swing 100 pips before your coffee even cools. Build in a 100-pip buffer for each chart. On our $333 slice, subtract $100. Now you have $233 left for margin on each chart.


Step 3: Optimization & Deposit Load
Run an optimization on chart one. Pick the “winners” with a sleek profit line and manageable drawdown. Hover over the green candle to see your deposit load—the percent of your chunk tied up in one position. If it says 39%, you need $390, but you only have $233. Oops—time to shrink your lot size.


Step 4: Lot-Size Tuning
Dial down from 0.1 to 0.06 lot. Rerun the test. Deposit load drops to 23.27%—that’s $232, snug within your $233 budget. Repeat on chart two and chart three. If you see a deposit load under 23%, congratulations, you’ve found your “perfect” lot size for all three charts, buffer included.


Final Thought & Call to Action
Does account size matter? Absolutely not. Whether you’re starting with $100 or $100,000, the process is identical: divide, buffer, optimize, tune. Ready to see it in action? Watch my short 9-minute video walkthrough now. You’ll save time, protect your equity, and trade smarter.
Click to watch the 9-minute guide and lock in your perfect lot size!

 

[Moderateman]

Hey everyone, CSI here—let’s cut the fluff and talk about the #1 rookie mistake in Forex bot trading: picking the wrong lot size. You load up your shiny new bot on three charts, hit “go,” and suddenly your account looks like a haunted house after a Halloween sale. Why? Because you didn’t divide your balance properly.


Step 1: Chart Count
You’re running three charts? Fine—but your balance isn’t magic. Take your total (say $1,000) and divide by three. That gives each chart $333 to work with. If all three bots trigger at once—and trust me, they will—you need that cash ready.


Step 2: Buffer Building
News bombs drop, tariffs surge, and currencies can swing 100 pips before your coffee even cools. Build in a 100-pip buffer for each chart. On our $333 slice, subtract $100. Now you have $233 left for margin on each chart.


Step 3: Optimization & Deposit Load
Run an optimization on chart one. Pick the “winners” with a sleek profit line and manageable drawdown. Hover over the green candle to see your deposit load—the percent of your chunk tied up in one position. If it says 39%, you need $390, but you only have $233. Oops—time to shrink your lot size.


Step 4: Lot-Size Tuning
Dial down from 0.1 to 0.06 lot. Rerun the test. Deposit load drops to 23.27%—that’s $232, snug within your $233 budget. Repeat on chart two and chart three. If you see a deposit load under 23%, congratulations, you’ve found your “perfect” lot size for all three charts, buffer included.


Final Thought & Call to Action
Does account size matter? Absolutely not. Whether you’re starting with $100 or $100,000, the process is identical: divide, buffer, optimize, tune. Ready to see it in action? Watch my short 9-minute video walkthrough now. You’ll save time, protect your equity, and trade smarter.
Click to watch the 9-minute guide and lock in your perfect lot size!

I like your guide to lot size but there is sooooooo much more about this. When are you teaching classes and how much?

 

[Clemencia]

I like your guide to lot size but there is sooooooo much more about this. When are you teaching classes and how much?

HIi Common Sense Investor! Ii would like to make an appoiintment wiith you. I need some help with Galileo! Thank You!

 

[teah2t]

Great breakdown, CSI—really sharp and practical. Quick question: when you're optimizing across multiple charts, do you ever factor in correlation between pairs to avoid overlapping risk exposure, or do you treat each chart as fully independent?

 

[Donnie Azoff]

Set The lot size to 0. This allows the lot size to be dynamic and based on how much you want to risk. Use 0 for lot size and then the risk percentage.

 

[Donnie Azoff]

Some of the bots smell very grid-like in nature, which should be a cause for concern. Does anyone know, or can anyone provide information on whether these bots implement exponential lot sizes in any situations, showing martingale tendencies? This can be very risky.


Also, I’m wondering how anyone picks their stop loss when they don’t know what the strategy actually does. For example, if you don’t know whether it uses ATR, if it’s volatility-based, or how dynamic the bot’s entry and exit logic is, how do you choose take profits or stop losses? These all seem like areas of concern to me.


For any machine learning portions, are there different model weights provided in the backtests? For example, are there backtests using different parameters to ensure the model is robust? I don’t believe this system is truly adaptive due to the complexity required to implement real-time updates. If it’s a static machine learning setup, can anyone provide tests showing performance with different model weights? For instance, if it’s a static LSTM, are there backtests using multiple sets of weights to ensure robustness across different market conditions?