DislikedMaybe the "million dollar strategy" is a grid that I have experimented a few years ago. It is always hedged. All the time. As soon as it closes one position in profit, it opens another, so the position is always net flat. As the market goes up and down, the grid continuously captures profit in both directions. Equity and balance grows continuously while the position is permanently net flat. Looks perfect. But it isn't. It works while the market remains in a range or the range widens gradually. At some point, a strong move out of the range blows the account.Ignored
If there was potential merit in any of these strategies surely you've got to ask yourself why NFA, institutional investors, and brokers themselves, as well as a whole host of experienced traders say there isn't any financial benefit over trading normally. Apparantly they're all wrong yet there's not one person who has come up with anything of any substance to support that, not even for a million dollars in prize money!
As far as I can see the debate is pretty much over, it's probably best to leave the reader to decide
