The market is an ever-changing environment, and my position is an organism that is trying to survive and reproduziert. With this in mind, I've tried the following strategy for a few weeks now. The results look encouraging. 1
The market is an ever-changing environment, and my position is an organism that is trying to survive and reproduziert. With this in mind, I've tried the following strategy for a few weeks now. The results look encouraging. 1
what is your time zone? edit: nevermind - your profile says Australia
Nice thing about this approach, if it actually works, is the small amount of time needed to run it.
All the majors and a random selection of the minors. I'm not looking to trade weak currencies against strong etc. I'm not clever enough for that. The whole idee is to breed winners and kill losers. I'm letting the market be clever for me.
Quoting All the majors and a random selection of the minors. I'm not looking to trade weak currencies against strong etc. I'm not clever enough for that. The whole idee is to breed winners and kill losers. I'm letting the market be clever for me. The problem is that you have no control on the size of the losers ... as you let them run in loss until your defined time to close them. So they might be small ... but also big in case of a big move in the wrong direction. MT4/MT5 EAs/Indicators/Alerts coder
Yes. I've no reason in principle for not having an intial stop a level or two away. Given a pretty-much random selection of pairs, a nasty move in one will generally be balanced by a nice move in another. A false sense of security, perhaps. As we speak, I've 36 positions open. Six are losing. Cumulative losses this week are about $60. Net gain roughly + $34
Quoting A false sense of security, perhaps. Definitively yes !!! But time will tell if the way you are doing is praktikable in the long term. MT4/MT5 EAs/Indicators/Alerts code