Hunter HW 1 | Forex Factory

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Hunter HW 1

  • #1
  • First Post: Feb 3, 2010 5:08am Feb 3, 2010 5:08am
If You want to understand, where it came from, read this thread 1-3 pages:
http://www.forexfactory.com/showthread.php?t=215528

The task:
You got a present from the Timegod. 10000 open position, (1 lot each)
what currently is heading in Your way, SL already set at zero loss(BE). The 10000 position is 10000 different cases.
You can NOT move the stop in any cases.
You are at +1 in each case, the price 'step' 1 in a time, just don t know which way. You can divide all the lots as many parts, as You want.

How would You try to profit from this situation?
  • #2
  • Feb 16, 2010 12:42pm Feb 16, 2010 12:42pm
Quoting Prof Hunter
If You want to understand, where it came from, read this thread 1-3 pages:
http://www.forexfactory.com/showthread.php?t=215528

The task:
You got a present from the Timegod. 10000 open position, (1 lot each)
what currently is heading in Your way, SL already set at zero loss(BE). The 10000 position is 10000 different cases.
You can NOT move the stop in any cases.
You are at +1 in each case, the price 'step' 1 in a time, just don t know which way. You can divide all the lots as many parts, as You want.

How would You try to profit from...
Use Iceberg orders to chop up the lots into smaller pieces, and set TP points at critical Technical points where liquidity is likely to appear?

I dont know, i think I am wrong. Plz correct me... You really got me thinking.
Life is a school for the soul
  • #3
  • Feb 16, 2010 1:54pm Feb 16, 2010 1:54pm
Looks I composed My Q on a not appropriate way.
I will try to set it again, later.
  • #4
  • Feb 17, 2010 9:59am Feb 17, 2010 9:59am
Quoting Prof Hunter
Looks I composed My Q on a not appropriate way.
I will try to set it again, later.
Sorry for my confusion.
Life is a school for the soul
  • #5
  • Feb 18, 2010 5:33am Feb 18, 2010 5:33am
Somebody opened a pos for You, and it went to positive territory and He moved the SL to BE. The pos is now go up +1.
It s Your turn:
You just can take profit when it goes(tick) up. You cannot move the SL(, yet). You can take partial profit from 0,1%-100% as You like.
Note: This is not happens just once, Your Friend will repeat it 100000times for You. You must think in series. How can You profit from them, theoretically the best?

Hope it make sense. PH
  • #6
  • Last Post: Mar 11, 2010 6:40pm Mar 11, 2010 6:40pm
Worst case:
You get stopped out @ BE+1.

Best case:
It continues running and running and running... Richard Dennis style.. in which case we want to trail our stop so that the times you are with the trend, it runs and when it does not... well, no big deal... still BE+1.
An alternative is to sell half at >= 1:1, then you have a small profit locked in no matter what. And leave trail with a wider stop for other 1/2

That make sense hunter?
One Mind, Any Market
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