Hey everybody,
I had posted a thread in the rookie discussion which i got some good responses and I've adjusted a method my dad and his friend pitched which involved just buying or selling at market price and not using stops in hopes of said currency pair to return to BE and hopefully a profitable level.
I've modified the idea and would like to bounce off the members of this forum.
1. The system would involve only positive carry trades where evidence to support direction exist.
2. Not using a stop.
3. Scaling into a losing position.
Would this be sustainable with a $2000 investment trading 1 micro lot (1000)?
If the idea is pitched and accepted ill post trades and other related info for other users benefit.
Happy pipping
I had posted a thread in the rookie discussion which i got some good responses and I've adjusted a method my dad and his friend pitched which involved just buying or selling at market price and not using stops in hopes of said currency pair to return to BE and hopefully a profitable level.
I've modified the idea and would like to bounce off the members of this forum.
1. The system would involve only positive carry trades where evidence to support direction exist.
2. Not using a stop.
3. Scaling into a losing position.
Would this be sustainable with a $2000 investment trading 1 micro lot (1000)?
If the idea is pitched and accepted ill post trades and other related info for other users benefit.
Happy pipping
