Hello
at what level you will close your orders or % if the market goes against your orders
at what level you will close your orders or % if the market goes against your orders
1
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For now, just messing around. Everytime price moves in my favour, I can't help but hear KOF's voice in my head saying "This is what I'm talking about, traders!"
DislikedMy attempt with demo account. EURUSD M1 Heiken Ashi 100 EMA 0.01 lots / $1000 balance For now, just messing around. Everytime price moves in my favour, I can't help but hear KOF's voice in my head saying "This is what I'm talking about, traders!" {image}Ignored
Disliked{quote} Thanks for your input cliffjaded, that's useful information. I want to point out a few differences between a mechanical approach and how the KoF uses the cost averaging method: 1) Most EA's/Mechanical approaches use the account's equity or optimized grids to determine their exit points (i.e: at break-even or X pips distance win). This is not ideal as the market will never react to a single user's account status or position in the chart. Therefore, these are just random levels, and it's one of the main reasons why these mechanical approaches...Ignored