Newbie Galileo User

[inverzo.tradez]

Hello Traders!

I am new to this Galileo FX, I purchased the Pro package.
Please give me insights how to grow a small account.

I opened a MT5 account:
Raw account (no spread fee, 3.50/side trade)
1:200
$300 starting capital ( to get use to Galileo and will add till hit $3000 usd)

1. With the Premium settings? is my capital enough to maximize the Premium settings?
2. 4 pairs currently setup, Do I need to get more pairs?
3. When to start transitioning from slow - fast - aggressive? is it account size based?
4. I was planning to put in $3,000 usd ( what is a good leverage for this size of account? )
5. Is No spread fee better than no commission fee?

Thanks in advance! Cheers!

 

[Joeboy]

• Premium settings with $3,000: Yes, your capital should be enough to utilize Premium settings effectively.
• Need for more pairs: Four pairs are fine to start. Add more only if you’re comfortable managing them.
• Transitioning to Fast/Aggressive: Shift from Slow to Fast or Aggressive as you gain confidence in the bot’s performance, not strictly based on account size.
• Good leverage for $3,000: Aim for 1:100 to 1:200 for balanced risk and flexibility.
• No Spread Fee vs. No Commission Fee: A lower spread may suit Galileo FX’s trading style better, though either option can work based on your strategy and pairs.

 

[Noah2013]

Hi Inverzo.tradez. I'm "following" you because I am also new to this and am grateful to you for giving me the good advice to identify trades by setting slightly different Lots that show up in History in the Volume column. That works, so thanks again! I use 0.01, 0.011, 0.012, etc. I do not have Premium, just Personal, and I will not irritate the Galileo team by asking what the difference is, but since we are both confessed Newbies we should be able to exchange thoughts and experiences. In the General forum I have asked why some posts in the forum are blocked (forever) as "awaiting moderator approval", which is very irritating, since the Galileo team has not said anything about "rules" for posting. Basic courtesy of course is general net etiquette but I have not violated that rule as far as I know so I don't know what the problem is. For the price of "admission," whether Premium or Personal, I expect that this forum should allow free communication amongst participants, even if the Galileo team doesn't reply to every post, which would be understandable given time restraints. Also, I see no reason why we shouldn't exchange info regarding successful settings. After all, that is what this whole thing is about. Or is there some reason why someone who has found a successful setting would not want to share it with others? I can't think of one, can you?