- | Commercial Member | Joined Sep 2006 | 1,911 Posts
Do not focus on making money; focus on protecting what you have.
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DislikedHello Traders.......
Please feel free to Post your questions and comments in this Thread. I look forward to hearing from anyone who has an interest in "Progression Sequence Trading".
Kind regards,
DanIgnored
DislikedThank you for the answers.
I did not mean to be harsh yesterday. Please accept my appologize if it came over like that. Especially Phil
Thx again for sharing!Ignored
DislikedHi Dan,
Congrats for the week results, two questions:
1) What is the difference between the sequence of trades and Progession Scalp?
2) What is your trigger to indicate you should end a trade early as the last one you did?
Have a nice weekendIgnored
DislikedHave you thought about setting it up Dan? Mine's here and it'll show more FXT EA trades from Monday. And thanks for your quick replies to my emails yesterday. The open trade shown is at Level 1 - my settings are somewhat different to yours as it's a micro account for this purpose.Ignored
DislikedHi FXtradepro
first sorry for my bad english.
is this correct: you increase the second lot by 1.2, the third by 3.75 and then 1.2 again for the rest of the sequence.
is that the idea?
thanks in advance.Ignored
DislikedHi FXtradepro
first sorry for my bad english.
is this correct: you increase the second lot by 1.2, the third by 3.75 and then 1.2 again for the rest of the sequence.
is that the idea?
thanks in advance.Ignored
DislikedI do not think that this is correct. Basically, I decide how much I want to gain on a Sequence (in my case around $1000) and then I calculate as follows:
The first 2 levels would be 1/4 the size of that figure ($250 in my case) and then I work the math and calculate what Lot Sizing is needed to achieve that.
I use the FXTradepro LUCKY 7 Calculator that I developed to do these calculations.Ignored