Multiple instances

[dVaughn27312]

Is there any benefit to having multiple instances of the same chart with the same bot settings running? I'm in the U.S. and seem to be limited to Forex trading so I'm trying to figure out how to maximize my wins.

 

[Sanchay]

Is there any benefit to having multiple instances of the same chart with the same bot settings running? I'm in the U.S. and seem to be limited to Forex trading so I'm trying to figure out how to maximize my wins.

I dont particularly see it as a benefit rather a risk of overdiversification; this is because using same asset chart and running multiple instances might result in high number of trades and at the same time meaning if the asset moves against the trade the whole account might blow up very fast.

To maximize profits you may increase your position size by adjusting Risk % or Lots but you must ensure that you have tested it thoroughly on a demo account first to ensure while playing with different settings you dont incur real losses.