Can a grid trader survive? | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Flexy Grid EA (Grid Trading) 1,363 replies

Grid - New indicator that replaces chart grid 60 replies

Grid (not grid system) or horizontal lines indicator 6 replies

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

Double Time Grid and Pip Grid 0 replies

Can a grid trader survive?

  • #21
  • Apr 28, 2017 11:16pm Apr 28, 2017 11:16pm
Over an infinite number of trades it seems reasonable to suppose that a Grid trading strategy will merely provide the broker with commission ie without an edge it can at best, ie with proper Money Management, be break even minus spread/commission.
  • #22
  • Apr 28, 2017 11:57pm Apr 28, 2017 11:57pm
Mathematically speaking, it is impossible; therefore, for a "pure" grid system, the answer is a firm "No" in long term.

if a system can only survive in short term, then it should not be called as a system; if a trader does not implement a system so that she/he can trade systematically, the odds against her/him are huge.

(I am not a native-speaker）
IG seems like a reputable company, but it is not.
  • #23
  • Aug 4, 2017 2:31pm Aug 4, 2017 2:31pm
Quoting mathTrader8
Mathematically speaking, it is impossible; therefore, for a "pure" grid system, the answer is a firm "No" in long term. if a system can only survive in short term, then it should not be called as a system; if a trader does not implement a system so that she/he can trade systematically, the odds against her/him are huge. (I am not a native-speaker）
Yes , I agree. Thank you for nice calculation
  • #24
  • Nov 5, 2017 10:14am Nov 5, 2017 10:14am
In the event that forex is conquerable, this is on account of cost (not at all like the roulette wheel) doesn't generally move 50/50, otherwise known as there are 'wasteful aspects' or 'non-haphazardness', and you're ready to build a framework to misuse these. So the response to the OP's inquiry moves toward becoming: Can a network framework in itself recognize advertise wasteful aspects? Network frameworks in themselves play out no examination, in this manner the appropriate response is obviously no.
  • #25
  • Apr 4, 2018 9:12am Apr 4, 2018 9:12am
Anybody tried this Grid EA?
https://fxsharerobots.com/grid-ea-trading-system/

Author claims that it can survive all kind of market conditions: Volatility, News, Spikes vs Ranging, Chaotic, Sideways.

We all know that Grid can survive in ranging but not in news. This EA seems interesting as he explained. quoting below
"Now, for safety reasons in case of news or important levels, the first two trades in the starting channel will be to normal side, you will have one Buy if the market goes up and one Sell if market goes down. This way when you will be collecting opposite trades and wait for the retracement, you will always have at least one trade for safety which will balance up your floating loss."
.................
  • #26
  • Apr 4, 2018 11:01am Apr 4, 2018 11:01am
Quoting KashifNawaz
Anybody tried this Grid EA? https://fxsharerobots.com/grid-ea-trading-system/ Author claims that it can survive all kind of market conditions: Volatility, News, Spikes vs Ranging, Chaotic, Sideways. We all know that Grid can survive in ranging but not in news. This EA seems interesting as he explained. quoting below "Now, for safety reasons in case of news or important levels, the first two trades in the starting channel will be to normal side, you will have one Buy if the market goes up and one Sell if market goes down. This way when...
If they are not prepared to give you the EA for demo testing then you should not buy it.
Never Ever Give Up!
  • #27
  • Apr 6, 2018 6:57am Apr 6, 2018 6:57am
Quoting Cobra
{quote} If they are not prepared to give you the EA for demo testing then you should not buy it.
Thanks Cobra.
Yes, I sent them email and asked further details about their claim to survive 150+ pips spike. they replied

"Hello, We received your message. No ea will protect you from spikes, same as you would trade manually... Use stop loss then, but its same thing. Anyway, better do not trade via HIGHT intensive news.."

I replied
"Hi,

Thanks for your reply. May I know, why you remove my comment on your page?
On your page, you mentioned that it can survive news because always one hedging trade will be there. It means, that is wrong claim.

Furthermore, why you arr charging such a huge fee if one has to take care of trades? It should be stress fee and auto. And mostly there are spikes without major news. One of my 5k $ account was blown using such ea on Oct 19, 2017 when there was move of 150+ pips without retracement and without any major news. So there is no guarantee, when major move is coming. If you have any grid EA which can survive move of 300+ pips then you should ask for such high fee.

May I know, why you are charging for demo EA?"

They deleted my comment from their page.
.................
  • #28
  • Apr 17, 2018 9:20pm Apr 17, 2018 9:20pm
Quoting mathTrader8
Mathematically speaking, it is impossible; therefore, for a "pure" grid system, the answer is a firm "No" in long term. if a system can only survive in short term, then it should not be called as a system; if a trader does not implement a system so that she/he can trade systematically, the odds against her/him are huge. (I am not a native-speaker）
I'm using my own designed grid strategy. And it is surviving with return around 10% to 20% per month. I believe not only me alone in this world discover this strategy but definitely you cant find this strategy in google cause no one will share winning strategy for charity.
  • #29
  • May 12, 2018 6:40am May 12, 2018 6:40am
I’ve also been trading my self designed grid strategy with specific parameters for 2 years. It is a system that gives me an edge in the long run with minimal effort. Getting an average of 50% return per annum, but with compounding effect, my return is set to further increase in the long run. I’m more interested in finding people to invest in my strategy rather than sharing it though.
  • #30
  • May 12, 2018 10:17am May 12, 2018 10:17am
Quoting cyang84
{quote} I'm using my own designed grid strategy. And it is surviving with return around 10% to 20% per month. I believe not only me alone in this world discover this strategy but definitely you cant find this strategy in google cause no one will share winning strategy for charity.

Thanks friend for giving motivation to users who are still struggling to perfect their grid strategy. Yes we know, we cannot find such things on internet and also we will not request you to share with us but at least you can help us by giving us some kind of guidelines.

Since how long your strategy is surviving?
And how much was your starting capital?


Starting with 100,000$ can surely survive lot of grid and martingale strategies but 90% of the users start with 3000$ or 5000$ only.
Thanks in advance.
.................
  • #31
  • May 12, 2018 10:18am May 12, 2018 10:18am
Quoting rpm2008
I’ve also been trading my self designed grid strategy with specific parameters for 2 years. It is a system that gives me an edge in the long run with minimal effort. Getting an average of 50% return per annum, but with compounding effect, my return is set to further increase in the long run. I’m more interested in finding people to invest in my strategy rather than sharing it though.
Hi Friend, can you please your results (myfxbook) and how we can invest in your strategy? Can you please guide? Thanks
.................
  • #32
  • May 12, 2018 10:03pm May 12, 2018 10:03pm
Quoting KashifNawaz
{quote} Thanks friend for giving motivation to users who are still struggling to perfect their grid strategy. Yes we know, we cannot find such things on internet and also we will not request you to share with us but at least you can help us by giving us some kind of guidelines. Since how long your strategy is surviving? And how much was your starting capital? Starting with 100,000$ can surely survive lot of grid and martingale strategies but 90% of the users start with 3000$ or 5000$ only. Thanks in advance.
My strategy has survived for slightly over 2 years. It is not quite correct to say that starting with $100K has a higher chance of surviving compared to starting with $3K or $5K. What matters is your money management in terms of how many percent of your balance you risk per trade or per series of trades. An example of a money management rule could be that I ensure that my margin / balance ratio do not exceed 15% at all times. And, no, my strategy does not have any elements of martingale. For me, my starting capital happens to be 100K.
  • #33
  • May 12, 2018 10:06pm May 12, 2018 10:06pm
Quoting KashifNawaz
{quote} Hi Friend, can you please your results (myfxbook) and how we can invest in your strategy? Can you please guide? Thanks
Sorry, my intention of posting here was just to tell people that grid strategy can be successful, one just needs to be hungry enough to figure out themselves. I don’t think this is the right place for me to solicit for investors in my strategy anyway. Good luck!
  • #34
  • May 13, 2018 5:43am May 13, 2018 5:43am
Quoting rpm2008
{quote} It is not quite correct to say that starting with $100K has a higher chance of surviving compared to starting with $3K or $5K. What matters is your money management in terms of how many percent of your balance you risk per trade or per series of trades. .
Yes agree, for a successful strategy, money management will be enough to manage same risk to start with 3000 or 50,000 but with due respect, I mentioned grid and martingale strategies. For grid and martingale, my strategies can survive by starting 15000$ only. (starting with 0.01) unless you use micro accounts.
.................
  • #35
  • May 13, 2018 8:33am May 13, 2018 8:33am
Quoting KashifNawaz
{quote} Yes agree, for a successful strategy, money management will be enough to manage same risk to start with 3000 or 50,000 but with due respect, I mentioned grid and martingale strategies. For grid and martingale, my strategies can survive by starting 15000$ only. (starting with 0.01) unless you use micro accounts.
if you can make for example 3% per trade it does not matter if you have a £1000 or a £100000 accouint.
a percent is a percent regardless of account size.

Grid trading has slightly different rules as does martingale if you are stupid enough to try it.(just doubling up regardless)

edit,,, trade well what ever you do....
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #36
  • May 13, 2018 10:53am May 13, 2018 10:53am
{ Post #19} Stew pot..I love You..same here..blessings is one of the best free EA's that will ever be..I have traded it for 10yrs+, have it near perfectly programmed..remember Forex Fusion ea? that was blessings sold under another name, i found a better program than that !! i am on Demo 961.00 start bal, about 1 wk ago.. i have two demo's on Gigapros.com 'cheap' Forex hosting..10.00 per mo..very good service..I have made just shy of 10% in 1 wk, exceptional trend..study evolution EA manual, and learn "how" TO TRADE IT, tricks in the trade..I will start a 1100.00 Live at Pepperstone.com June..have to do a Bank transfer stone is 'greedy' as HELL now..fewer funding options, and blaming it on Trump_Bullshi$$ !!
To start just trade it .01 lots only, on a small account.."just take Ten pips"..this is what Jeff Hubbard told me years ago, i found better, set it for max trades_5, and no smart grid, until after 5 trades..much more but enough, this is for a person that Loves trading, but cant TRADE ! So Much more..find it yourself.."WHO" will help me mod blessings for All of ours to enjoy? Stew Pot..it is love, always, jimmy Evolution EA is awesome, but who has 500.00? IT IS BETTER THAN YOURS ALL KNOWS..that EXCESS, when will those perfect that EA? 2000.00/167.00 per mo..so&so Big Br. Ratz, reads often.."the Code is free.." that is what his told me..his is a good Br. but don't expect those to help you mod it !! If yours trades properly, blessings will make an account of 1100.00 bal. one pair only, for me Gbp/Usd. one time only it failed for Forex Fusion..if yours is faint, then use the smart grid always..it makes way more monies with it off, and limit the trades to _5 max, then after that engage the smart grid.(*Duh..the Grid Basket is charged with much more Potential PROFIT!!)
  • #37
  • May 13, 2018 12:10pm May 13, 2018 12:10pm
Can a grid trader survive? yes, sure! If you place an order with cent account, smallest lot, medium leverage and a lot of money.
  • #38
  • May 13, 2018 1:25pm May 13, 2018 1:25pm
Quoting billytt
{quote} if you can make for example 3% per trade it does not matter if you have a £1000 or a £100000 accouint. a percent is a percent regardless of account size. Grid trading has slightly different rules as does martingale if you are stupid enough to try it.(just doubling up regardless) edit,,, trade well what ever you do....
My apology if I failed to explain my humble point of view.

Please re-read my post. I am talking about a strategy of Grid and Martingale (mixture of these both) with multiplier 1.2 or 1.3. I have back tested many times, you cannot get results with low capital but 15000+ survive. Capital matters for grid+martingale.....
.................
  • #39
  • May 13, 2018 2:43pm May 13, 2018 2:43pm
Quoting KashifNawaz
{quote} My apology if I failed to explain my humble point of view. Please re-read my post. I am talking about a strategy of Grid and Martingale (mixture of these both) with multiplier 1.2 or 1.3. I have back tested many times, you cannot get results with low capital but 15000+ survive. Capital matters for grid+martingale.....
Hi. i think i got it wrong too.
The way i trade i have been told it is an advanced form of grid trade.

My triggers are not spaced example every 20/30/40 pips etc but at specific levels.....

If you have a good strike rate and recovery plan , doubling a loss is ok and this is not martingale.

Trouble with some grids and using martingale, you either have to have an absolutely massive bank roll so you may as well invest in something reliable.
If you then trade with a small bank roll it is pointless because the return is too low.
I am not being negative with this post but stating my thoughts..
Trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #40
  • May 13, 2018 3:22pm May 13, 2018 3:22pm
Quoting antonblood63
Can a grid trader survive? yes, sure! If you place an order with cent account, smallest lot, medium leverage and a lot of money.
No, you are wrong. Your Account will blow!
I made lot of Tests, the Account will blow sooner or later.

renko
0 traders viewing now