Hello! I started trading EUR/US$ in Aug. 2009 with a € 700,- account and have now € 3.835,-... this is my strategie: in the morning I enter the market at any point, buying 10 lot of by and 10 lot of sell...than when one of them is about € 15-20 in plus, I sell the winner and buy 1 lot of the looser, if I loos 20 pips I buy 2 lots again, loosing 20 pips I buy 3 lots and so on....most of the time at some point the market returns and I eather sell the loser +/- 0,- or eaven wait till I have a plus (most of the time around the 6th to 8th buy...) so please tell me, why this strategie can´t work in the long run?
thanks!
Pitt Bull
thanks!
Pitt Bull