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- Agro replied Dec 12, 2022
image Here is an example of creating + gaps. Even though my current position has a - gap, I am still in overall profit...
- Agro replied Dec 11, 2022
Yes. This is how I used to think about things. But now I am comfortable when a trade goes against me. To be honest I even welcome it. I can make money either way, but if my position goes against me and I am still confident in the initial direction ...
- Agro replied Dec 11, 2022
Yes mate, I agree. I didn't want to get into it, but for the uninitiated this is a very very dangerous way to trade. Most will make money for months on end and get more and more confidence as all their averages pay off. Then poof, one day they will ...
- Agro replied Dec 11, 2022
Hey mate I have also landed on 1:1 leverage as a comfortable level. Even then though, I feel a little uncomfortable when the price runs a long way against me and I don't get enough hedges on along the way. I think this comes from averaging too close ...
- Agro replied Dec 10, 2022
Hey guys, some really loose rules that are helping me: Start with long and short Once a TP is hit, look to get back in at a better price to create a “positive gap” (you may wait for just a couple of pips, wait to get back on when the price returns ...
- Agro replied Dec 1, 2022
It is not random but no quantifiable signals either. I just feel the market out but keep in mind that I probably don't know where the market is going 98% of the time or at least my timing will be off, so when I am unhedged I generally look to get ...
- Agro replied Nov 30, 2022
I use this for scalping here is last sessions scalps image
- Agro replied Oct 31, 2022
[quote=Waveskierrob;14202091] No, not this week. I am demoing this strategy on forex atm. I don't like to actually demo because it is not real, so I trade very small lots on live account. But as Bird mentioned, 1 contract is the minimum on futures, ...
- Agro replied Oct 30, 2022
[quote=birdland;14202051] the volume trading GU in futures is very thin compared to the big forexmarket. AND you can only trade one contract minimum, in forex 0.01 lot is possible, its much better for money management strategies than the futures ...
- Agro replied Oct 30, 2022
Why don't you guys trade futures? You could make your TPs into market orders and use pendings wherever possible so you make the spread rather than lose it. ps Never traded futures
- Agro replied Oct 24, 2022
Sort of what I was thinking
- Agro replied Oct 24, 2022
yes. but I don't think it quite meets all our requirements
- Agro replied Oct 24, 2022
Maybe something like this EA Starts with random Buy / Sell (either pending or market) no SL TP A pips Enter winning direction again at B plus entry (B could be 1 x A (immidiate reentry) or anything else) Once reach C x A on losing trade enter ...
- Agro replied Oct 24, 2022
I agree!. Just for day to day order entry. Should have the function to be able to overeide or set to different perameters eg. get out when BE, get out when x% loss/gain, get out when I define...
- Agro replied Oct 24, 2022
Yes I totally get that. But for ease's sake, maybe we can get an adjustable on the fly EA that places the orders for us?
- Agro replied Oct 24, 2022
Oh Yes! Exactly the lines along I was thinking. We can get an EA to do this for us. But... I think we need to be able to take over the EA manually. Close sells for a loss when we need to. Hedge exposure when we need to etc etc eg 6) if Price hits ...
- Agro replied Oct 24, 2022
I mean the mechanics of how you enter. Say for the first buy and sell (if that is how you are starting out for the trade) do you literally just press buy and sell real quick, or do you have a tool that enters both immidiately?
- Agro replied Oct 24, 2022
Wave, do you mind sharing your order entry amd management tool?
- Agro replied Oct 24, 2022
Thanks!
- Agro replied Oct 24, 2022
Thanks! That was an enlightening answer!