I decided last week to follow my first trader. I’ve chosen the fixed method and set up 0,1 lots (mini) when I followed this person.
Today this trader has opened two trades. Each with 5 lots and on my account two similar trades with both of them 10 minilots, meaning one lot each. This is really weird. I thought I
A) Either copy this person with factor 0,1
or B) Trade like this person just with 0,1 lots or 0,01 lots (since in the settings screen when you follow someone there’s also written “Lots (Mini)”.
Why did I trade like this person with 10 minilots instead of 5minilots or 1minilot or even 0,1 minilots?
So I want to know: If I follow a person with 0,1 lots does it open a trade with 0,1 lots every time or is the factor 0,1?
If it is 0,1 minilots all the time then why did I open 10 minilots and what does the ProRata setting mean?
Thanks in advance