Running the EA on a VPS (Virtual Private Server) ensures that the trades are executed with minimal latency and uninterrupted trading.
Avoid Trading During News:
Use a news filter to prevent trading during major news events that could cause excessive volatility.
Increase Lot Size Gradually:
Once you’ve built confidence in your strategy and passed FTMO’s evaluation, consider increasing your lot size gradually while keeping risk at a manageable level.
Use a Trailing Stop:
To lock in profits as the market moves in your favor, set a trailing stop after reaching a certain number of pips in profit.
Monitor Performance:
Even though the FTMO 10K EA is automated, it’s still important to regularly monitor its performance, especially during high-impact market events.