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  • Post #21
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  • Nov 11, 2007 1:12am Nov 11, 2007 1:12am
  •  charlinks
  • | Joined Jul 2007 | Status: Neural Network Trainer | 389 Posts
Quoting StoragePro
Disliked
I am surprised no one hit it yet.

It is simple,and practiced by many -

First, take a trade - any trade, it does not matter what system gets you there.

Second, make certain that you do not practice proper position sizing or money management.

Finally, as a suggestion, trade one full lot per 10K in your account.

Behold!
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Unfortunately I did exactly that and all it did is trippled the acct.
 
 
  • Post #22
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  • Nov 11, 2007 3:40am Nov 11, 2007 3:40am
  •  Xaron
  • Joined Apr 2007 | Status: Evil Kraut | 2,743 Posts
Quoting billbss
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Any grid system.
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Oh no! My grids are doing well. I agree in the case you don't maintain the grid but using a grid in the direction of a fundamental trend with small position sizes (low leveraged) is a real pip eater.

Regards - Xaron
 
 
  • Post #23
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  • Nov 11, 2007 5:38pm Nov 11, 2007 5:38pm
  •  Northernstar
  • | Joined Aug 2007 | Status: Member | 42 Posts
Following blindly 2% money management strategy is the worst you can do, what are you doing with the 98%? Know your risks and apply proper money management.

In general there are many bad strategies (99%). On the screen many of them look like something my son would draw, nice to look at but I would never trade from it.
 
 
  • Post #24
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  • Nov 11, 2007 8:29pm Nov 11, 2007 8:29pm
  •  temporary
  • | Joined May 2006 | Status: Member | 38 Posts
Buy all breakouts.
The GrandMaster of the Forex Market.
 
 
  • Post #25
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  • Last Post: Nov 11, 2007 9:31pm Nov 11, 2007 9:31pm
  •  cirebonese
  • | Joined Aug 2007 | Status: Forex Lover | 182 Posts
I think this thread should be in Member's Lounge....

Anyway, the WORST strategy is trade with 90% margin.... Just do it, and your broker will be happy....
 
 
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