Without realising it, I think you are trying to write a "perpetual motion machine". You need to be alot smarter about it, you cannot rail against trends by taking the oppoisite side all the time. That's what the market makers are doing, and they are ...

I propose an EA name change, to "Drawdown_Machine_v1". Merry xmas all

Expecting new weekly low

A strong dollar decreases the chance of a rate rise as it helps to lower inflation by reducing import prices which might have the effect of lowering prices generally. Feels to me like the FED robots are hard at work buying dollar for maybe this ...

GBPUSD behaving like BTCUSD lol

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You have only my concerns about someone getting hurt from this. There are dozens of hedged grid, martingale grid and so on in these forums. The idea points to a waste of time and energy unless used by a professional hand and in the right ...

I wouldn't normaly post about this kind of stuff, but since you are running a martingale type grid, I have to warn you that only a fool would run this in live with an intial deposit of $5,000. If you cannot design it to run on $500 who do you think ...

I commend your efforts, but running EA's for specific dates / times and hoping for good results will not work in live where the spreads and trading enviroment is somewhat different (slippage through delayed execution, outages, freezes, etc). Ideally ...

Hope you're all getting on ok. Seems that way. Remember what gramps used to tell you... empty vessels make the most noise. Focus on your trading and it will pay off in the end. Need a ton of patience in this game. Don't let others test yours, the ...

The first thing a broker and liquidity provider will do is to ensure you cannot make a riskless profit. This means you have to have an edge somewhere. As someone who has the missing 90%, I'll check back in a few months and see how far the followers ...

No offence intended if it came across that way. If you are keepung the losing trade fixed and re-applying the winner with a stop loss you will eventually make a loss in costs. It doesn't matter what price does you will be ground down in the end. If ...

A simple test of any idea for me would be, how much would it make from a 100 point drop and a 100 point reversal to the same point? In this case the answer is nothing but a whole heap of trading costs. Commission, spread and swap. Maybe I'm not ...

Always watching and learning from you folks.

I'm all out too. Waiting on FOMC. Well done today to you and Gator

I can't short this anymore now, too close to quarterly L3 pivot and alot of other stuff Gator pointed out. Well done for trying

Haha yeah you ain't kidding, life certainly not a bed of roses. I've got a level down in gold around 1662 just ahead of QL4, just something I'm working on. Still don't trade alot of gold, too used to the turtle EURUSD lol. Last few days I can see ...

Just seen this, not on Metal mine much these days. Hope you're doing ok Aus, thinking about you and the family, tough it out mate swd

Hey, new thread, poor old Aussi must drop in to say hi. Now then, much needed skill oft not talked about, working your way out of a mess! If you can do that, makes trading a hell of a lot easier on the mental state. Takes a shit ton of practice but ...

This is one of the brutal truths for sure. Execution environment. Swing trading, leg trading, short term or whatever people call it is certainly one way to defeat some aspects of that.