DislikedCan someone explain the reasoning behind the 10 pairs that are used?
Very heavily long jpy.
Would it be easier to control drawdown with a more correlated/synthetically hedged group of 10?
Especially for U.S traders that cant hedge in same account.
Dont know if system works or not, just seems like its putting most of your eggs in the jpy basket and if it goes wrong thats where the problem with DD comes into play.
Before Im labeled a criminal and banned, Im not bashing anyone or the system. Just curious about the pairs used and the reasoning...Ignored
Slightly different to pitbull but still maintaining dd using 14 pairs, this account I used over a couple of days last week using 3MW to enter and hopwoods mptm to hedge when I was away from the computer.
It worked last year, it works this year, and as long as we have a forex next year i sure it will continue to work then as well.
All of brians methods can be mixed and match to suit your own trading style, all it takes is a demo account, a pair of eyes and some time...., it isnt a get rich quick here are the instructions go ahead and trade thread, plenty of them floating around.
M
Hi Tallman, steve hopwood got banned for including a reference to a payed EA that he could provide, I see you are advertising a paid 101 indicator for max basket profit loss, can you make that available to the readers of this thread, might be very usefull.