DislikedLet me know how you come up with and indi (upper screen photo) with a lot composed of .01 and .02 - is that a balance hedge?
Thanks,
EddIgnored
Trade with 60
EA open position on demo, but not open position on real account. Any Comment 7 replies
Close Losing Position, Set Trailing Stop to Winning Position 2 replies
Extreme long term Hedged Carry Trade Position Building journal 15 replies
What is "Building a Position" 4 replies
Long position or short position 6 replies
DislikedLet me know how you come up with and indi (upper screen photo) with a lot composed of .01 and .02 - is that a balance hedge?
Thanks,
EddIgnored
DislikedHi ALL,
Im testing this method. But I really love the idea...make it as business.
At the end of NY session, I want to close all position including the basket...if in profit. Otherwise, just hold it and let em cycle. If the cycle take too long to reverse...hedge is good option.
For hedge option, im thinking to do it if stock goes 200 pips away from profit. Any comment?
Please notice i prefer the display be in PIP term. I lose idea when see it in currency (bad of me)
ThanksIgnored
DislikedWell if you read the brijon thread you will find out i'll copy some from hes own thread here. "Step 4: Continue this process over and over; waiting until the bottom pair is in consistent profit, then close that trade (take the profit) and re-enter. As you take profit on your first size of .01, you re-enter at .04. As you take profit on your .04 size lot, you drop back down to .01 " Since i'm testing with small ammount i decided to take 0.02 I'm in the newb ,learning phase and i'm not very accurate with all this. Forgot to mention,internet...Ignored
DislikedOne pitbull master wants to take a 50K account and print 1K/week profit on it, with at least 2:1 margin over the longterm.
Thats $48K/per year of investment capital gains...minimum..
Investment capital gains is usually tax less...
Now that is a business plan for anyone that is serious...
Cheers.Ignored
DislikedHas anyone thought using Higher Higher and Lower Lower to enter positions, therefore increasing your chances?Ignored
DislikedI'm short audjpy from the bottom of that move. I came home from gym to find it way up there. So going short now on audusd don't help much now does it.
I suck at this.Ignored
DislikedAs always, these posts are short on detail, so I will assume that is one of the Position trades rather than one of the Indicator trades?
I thought you were supposed stay with them and collect the profit or control DD in real time?
From Post 1
Buys:
AUD/USD
NZD/USD
EUR/GBP
EUR/USD
GBP/USD
Sells:
USD/JPY
NZD/JPY
EUR/JPY
GBP/JPY
AUD/JPYIgnored
DislikedI'm short audjpy from the bottom of that move. I came home from gym to find it way up there. So going short now on audusd don't help much now does it.
I suck at this.Ignored
DislikedWhat time frame you thinking? daily, weekly, h1 either way the market expands and contracts that is why I'm trying to understand this basket thing. sells win longs win just pull out as you want. But I admit I can not make it work yet. BUT
Sells start to win so CW puts on stacks (larger positions), if they keep winning he pulls the stacks off the table at the end of his day... he keeps his original 0.01 trades open, IF he wants too or he closes his basket.
If CW's longs starting winning he stacks them again he either pulls them off the table...Ignored
DislikedHi CW, good for you...and me ...+3.48% not in the same way than Chips but the account growing ...this is what is important and I never had a DD more then -2.50 %. always check the DD.. is the major key and the size lot.
Can you tell or explain more aboout the samir + 90 and -90 and what sales did you do???
Have a nice night.Ignored