Hello guys, I don't want to create too much mess on this post but I want also to inform you all
Jans, if you feel like this is just creating too much mess, feel free to tell me and I will keep it "private".
Actually this week I'm going life with the EA, manual and automatic trades, but I guess that 90% of the trades will be manual, Problem is that actually I will not be able to know what trades were initiated by me and what trades by the EA, so I will take notes about my trades. My manual trades are not perfect and I usually enter sooner than I should hoping to capture a better movement, we will see at the end of the week and compare the trades made by the EA and trades made by me.
Said this, in parallel, in demo account, I'm going to test the new approach that came to my mind, this approach consists in the following...
The EA is well coded enough to be able to get you out of a very bad trade, in small profit usually or BE, which is really nice, said so, If after I enter a Trade I see price is going against my trade, I will open another position in the opposite direction (If I did a Long I will then open a Short), In this way, even in a not favorable trade, I will still capture some profit from the trade while the MeMe Trade will eventually close in BE or small profit.
So basically I will open same normal trades in both accounts (Demo and Life) but the Demo trades will probably have extra SELL orders while the initial trade was a BUY if the trade started to go the opposite and trigger some MeMe orders and viceversa. In this way I will compare the profits for a week (I know is very short time for this test, but well, I will keep this forward test for some time more if a week is successful).
I hope I explained it correclty and everyone understood what is going on from my side.
Jans, if you feel like this is just creating too much mess, feel free to tell me and I will keep it "private".
Actually this week I'm going life with the EA, manual and automatic trades, but I guess that 90% of the trades will be manual, Problem is that actually I will not be able to know what trades were initiated by me and what trades by the EA, so I will take notes about my trades. My manual trades are not perfect and I usually enter sooner than I should hoping to capture a better movement, we will see at the end of the week and compare the trades made by the EA and trades made by me.
Said this, in parallel, in demo account, I'm going to test the new approach that came to my mind, this approach consists in the following...
The EA is well coded enough to be able to get you out of a very bad trade, in small profit usually or BE, which is really nice, said so, If after I enter a Trade I see price is going against my trade, I will open another position in the opposite direction (If I did a Long I will then open a Short), In this way, even in a not favorable trade, I will still capture some profit from the trade while the MeMe Trade will eventually close in BE or small profit.
So basically I will open same normal trades in both accounts (Demo and Life) but the Demo trades will probably have extra SELL orders while the initial trade was a BUY if the trade started to go the opposite and trigger some MeMe orders and viceversa. In this way I will compare the profits for a week (I know is very short time for this test, but well, I will keep this forward test for some time more if a week is successful).
I hope I explained it correclty and everyone understood what is going on from my side.
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