Sonic R. System

Quoting futurespeter

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{quote} Your EU average spacing is around 13 pips. If you continue this the amount of elements are enormous. For example a 1000 pips move will result in 77 (1000/13=77) trade elements, if the price is at the top of this move your drawdown will be 38.500 pips (77 x 500 (position average pips)). And we had much stronger trends in the history, for example a 3000 pips move will raise your drawdown to 346.154 pips (3000/13 x 1500 (average price)), a 6000 pips move will raise your drawdown to 1.384.615 pips (6000/13 x 3000). Be assured despite of trading...

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Quoting meirk

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{quote} I myself have a plan for this situation. agree with you that it can happen. You need to decide what is the maximum DD that you can allow your accont and from that point start to close the worst posisions in modarate way till the MM will change direction, you cant win all the time,

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Quoting jmn5611

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{quote} That is nanningbob's recovery system, I believe.

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Quoting futurespeter

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{quote} Your EU average spacing is around 13 pips. If you continue this the amount of elements are enormous. For example a 1000 pips move will result in 77 (1000/13=77) trade elements, if the price is at the top of this move your drawdown will be 38.500 pips (77 x 500 (position average pips)). And we had much stronger trends in the history, for example a 3000 pips move will raise your drawdown to 346.154 pips (3000/13 x 1500 (average price)), a 6000 pips move will raise your drawdown to 1.384.615 pips (6000/13 x 3000). Be assured despite of trading...

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Quoting jmn5611

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{quote} A way around this is to hedge. In another account, take the climax candle above the ema also. Take profit at regular intervals. For me it is 100 pips past the average price. Be mindful that the account you are taking heat has a growing position size. So when the run for profits does come, it will be worth the wait.

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Quoting meirk

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{quote} Hedge? do you mean taking oposite positions?

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Quoting futurespeter

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{quote} Your EU average spacing is around 13 pips. If you continue this the amount of elements are enormous. For example a 1000 pips move will result in 77 (1000/13=77) trade elements, if the price is at the top of this move your drawdown will be 38.500 pips (77 x 500 (position average pips)). And we had much stronger trends in the history, for example a 3000 pips move will raise your drawdown to 346.154 pips (3000/13 x 1500 (average price)), a 6000 pips move will raise your drawdown to 1.384.615 pips (6000/13 x 3000). Be assured despite of trading...

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Quoting jmn5611

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{quote} Yes.

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Quoting jmn5611

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{quote} .......I am not in the broker recommending business, but there is a broker out there that allows you to trade with as small as 1/100 of a penny. .......

.....Joe, the PVSRA chimp trader!

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Quoting ArtfulDodger

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{quote} Could you give me a small hint as to the name of the broker? I have no complaints with the broker I use now, but trading less than 0.01 does sound interesting. By the way, is this you at the office? {image}

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Quoting jmn5611

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{quote} Yep, that is pretty much me at my trading desk Check your PM.

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Quoting meirk

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{quote} I have a web http://www.monkeyforex.com/

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Quoting jmn5611

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{quote} I see there are a lot of us forex monkeys out there!

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