Hi
I have seen DD more the 10% also unto 11.93 LOTS once in a year. For this i need minimum of 10k. So there should be some kind money management to overcome big trend movement.
After level 1.12 LOT to 11.93 if you can limit the risk not go further DD then you EA will be best. Because if i reach 11.93 i will risking 51.65 LOTS
Can i know the retracement % after 10 level.
My idea would be once i reach 1.12 LOT. Open a edge position If the market move on positive direction and hit the TP close all buy and sell position and you end in profit.
If it moves in negative side wait for 9 level MG and open another MG potion and set the TP. If the TP was not hit close all position and end up with loss of 6.3 LOTS.
I don't know how much loss will come for 6.3. But i will less 3:10 of 10K
I have seen DD more the 10% also unto 11.93 LOTS once in a year. For this i need minimum of 10k. So there should be some kind money management to overcome big trend movement.
After level 1.12 LOT to 11.93 if you can limit the risk not go further DD then you EA will be best. Because if i reach 11.93 i will risking 51.65 LOTS
Can i know the retracement % after 10 level.
My idea would be once i reach 1.12 LOT. Open a edge position If the market move on positive direction and hit the TP close all buy and sell position and you end in profit.
If it moves in negative side wait for 9 level MG and open another MG potion and set the TP. If the TP was not hit close all position and end up with loss of 6.3 LOTS.
I don't know how much loss will come for 6.3. But i will less 3:10 of 10K