Grids
* After testing grid EA's for a week (lifesdream.org grid EA's etc.) on demo and live, I am impressed.
Burst Grid
* $100 account
* 1:500 leverage
* Protection comes from margin calls/small account size
* Lot size 0.05-0.1 (yes I realize that's a large position for a small account)
* Stop all trades as soon as equity = +$50 ($150 account value)
* Split off account so balance is $100 again
* Rinse/repeat
* Question; this seems to be an ideal way to quickly gain steady income. Thoughts? Ideas? Criticisms (be nice please )?
Grid Risks
* Question; what are - for plain grid systems (I realize the risks of complex systems are harder to quantify) - the most common risks?
Grid Profit
* 17% overnight on one account ($100>$117). Had I not stopped it too early () I would have been $65 ($100>$165) or more. I'll tell you which EA and settings I used later too.
* After testing grid EA's for a week (lifesdream.org grid EA's etc.) on demo and live, I am impressed.
Burst Grid
* $100 account
* 1:500 leverage
* Protection comes from margin calls/small account size
* Lot size 0.05-0.1 (yes I realize that's a large position for a small account)
* Stop all trades as soon as equity = +$50 ($150 account value)
* Split off account so balance is $100 again
* Rinse/repeat
* Question; this seems to be an ideal way to quickly gain steady income. Thoughts? Ideas? Criticisms (be nice please )?
Grid Risks
* Question; what are - for plain grid systems (I realize the risks of complex systems are harder to quantify) - the most common risks?
Grid Profit
* 17% overnight on one account ($100>$117). Had I not stopped it too early () I would have been $65 ($100>$165) or more. I'll tell you which EA and settings I used later too.
Not financial advice. For testing purposes only. Do not use on live account