Disliked{quote} Hi tommbstone, I have just finished reading the pitbull thread as well, and I am not claiming to be an expert on the subject, but just a tip, the aim/object of the method is not to get the basket into positive pips. You are using the basket to control your draw down, instead of using stop losses. Your draw down being in negative does not matter as long as is within you acceptable max DD, in the mean time you keep opening and closing trades in profit and increasing your equity. If your max DD is hit, you stop trading and wait for it to go...Ignored
What did work was using the 10rsi meter in demo to show what charts were moving fast in the 9 and 10 position. Then in a live platform I'd take those 9 and 10 position trades and use a 10pip TP ea to close them out. Seems lame but it did work for a time. Then i got into binary options. That has been a crap shoot ride. I'm ready to go back and learn more FX trading. Since I'm a simple man with limited trading ours, the basket method appeals to me. I'm not a noob but I like SIMPLE.
Happy pips