Disliked{quote} Okay, so now that we're at least looking at the same picture, what would you do instead of the x2 buysIgnored
Simply "grid" system, no hedge, no martingale 9 replies
ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies
Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply
Disliked{quote} in this case, x1 buy is tp and x4 buy were opened, price continued up closed all 6 orders. we start again. where is the larger gap?Ignored
Disliked{quote} read my post at 184. you won't be lost. now i am looking for worst case for this approach. any comments?Ignored
Disliked{quote}should we do something like this?
if we have 3 1x sell and 3 2x buy, three options we can do.
1. if market move up enough, we close all orders with profit.
2. if market move down enough, 3 1x sell tp. all sell orders closed. then we open 4x sell orders only. wait for market down enough to close all in profit.
3. if market not moved, just watch the paint dry.
this way, we only have two grid, sell and buy. always set tp for small lot orders.
any comments?Ignored
Disliked{quote} {quote} if we have 3 1x sell and 3 2x buy, three options we can do. 1. if market move up enough, we close all orders with profit. 2. if market move down enough, 3 1x sell tp. all sell orders closed. then we open 4x sell orders only. wait for market down enough to close all in profit. 3. if market not moved, just watch the paint dry. this way, we only have two grid, sell and buy. always set tp for small lot orders. any comments?Ignored
Disliked{quote} From your initial comment I thought you were presenting a different approach with items 1-3, but perhaps you were just summarizing. If so, my mistake. That's why in my initial response to you I mentioned "we were already doing that". So, am I right in understanding that the change you had in mind is just point 3. Not to open the inside grids?Ignored
Disliked{quote} If this is the case, are you trying to cut down on DD with fewer high multiple tradesIgnored
Disliked{quote} No problem, the purpose of this thread is to learn and improve the system, so keep with your good work guys.Ignored
Dislikedtell me what is your trades opened process from left to top (60pips)?Ignored
Disliked{quote} Starting with that first red vertical line (that's the start of a new series), I have 3 sells (sells are in red, buys in blues). Obviously price moved higher so no TP and at level 4 or 1.2180 I started my x2 buys. They moved up pretty steadily banking TP's along the way. Of course the sells were getting deeper in the hold. At the top, when hitting that last 60 pip TP, I was able to net all the TP's against the floating loss from the sells of 540 pips to get my + 100 and close the series. Hope that makes sense.Ignored
Disliked{quote} man, once you start x2 buy i would not close or tp buy trades until i close all trades in profit. you follow me?Ignored
Disliked{quote} That would be awesome in hindsight, but what do you do with all those x2 buys if price turns back down. How far do you let those winners turn to losers before closing? It might work, but you know, Murphy's law.Ignored
Disliked{quote} wait for price retrace to tp all x1 sell then open x4 sell. i think this is the worst case price stuck in the rangeIgnored
Dislikedlooking at the strategy, it feels a bit similar to this doesn't it? except for the 3 levels thingy (refer pdf) if market stuck in range within our 3 buy and 3 sell levels, we will end up in big drawdown, am i rite? {image}Ignored