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Efficacy
Use of martingale strategy
in
Erfahrene Trader
Mar 01, 2013 at 00:35
Yeah, Zulu only calculates closed trades into the stats. So you could theoretically leave a losing position over forever and it'll never show up. This is especially true when you're trading a demo account and have nothing to lose...
ScalpForProfit
in
Handelssysteme
Feb 25, 2013 at 05:36
Well, let's just say it did not go well lol.
ScalpForProfit
in
Handelssysteme
Feb 25, 2013 at 02:38
I'm testing with tiny lots right now (more for fun while I wait on bigger moves anyway). I'm basically entering based on naked price action and setting a 4-5 pip s/l with an EA that will run a break even stop then a jumping stop. If it closes against me, I'll take the opposite position and double it. I'll let you know how it goes :P
ScalpForProfit
in
Handelssysteme
Feb 25, 2013 at 01:38
It would be interesting to see this in action. Have you ever thought about making a video?
ScalpForProfit
in
Handelssysteme
Feb 25, 2013 at 01:20
That's awesome haha. I'm still trying to see how I could scalp effectively. I would prefer to scalp the pairs that are currently ranging on larger timeframes, but otherwise trade more like day trading or swing trading if they're trending on the higher TFs.I would need a good system, though, and yours has proven its profitability. As far as entry, have you found that other approaches can work as well, it's just a matter of knowing when to bet how much in terms of lot size?
ScalpForProfit
in
Handelssysteme
Feb 24, 2013 at 15:17
I do think I'm getting a good idea of how that works. It'd be nice to see that work in action and understand how the process all comes together. What's your entry approach?
ScalpForProfit
in
Handelssysteme
Feb 24, 2013 at 06:19
I'm really intrigued by your system. I read in a topic where you mentioned that if a move goes against you by ~5 pips, you close and reverse. I can see how intraday movements would be well followed with rules like that. What I'm noticing, though, is that you regularly lose pips, however your lot allocation is what's getting you to profit so well. I'm curious, how do you determine when to use bigger positions like you have been?
Not looking for a secret magic pill for success; looking for steady progress.
in
Neue Trader
Oct 02, 2012 at 14:43
Well, I traded demo for about three weeks, had a decent hang of it, and decided to go live.Here are my depressing resultshttps://www.myfxbook.com/portfolio/forex/392342When trading demo, I would just look at longer trends, look for a short opposition to that trend, then make my buy or sell in favor of the trend. I didn't use s/l or t/p at the time and it actually worked fairly well, though do note that I had a hard-on for data and charts and a mobile app that let me ignore life and stay actively involved.When I went live, I was also reading more and more about keeping tight s/l and how ma...
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