Posts by Krysztau
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I think in both cases 200 pips in microlots vs. 20 pips in regular lots as well as in case of "wide range strategy" you still have room to fill "system description" space. I think if someone is examining system will certainly read creator's description.
I think this stat will filter out scammers that says they are scalpers, but in fact are holding trades for hours just for few pips profit.
Bare in mind that it's just another idea for sorting data [now I do this sort of research myself anyway].
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Hi,
I started y demo trading few months ago
http://www.myfxbook.com/members/Krysztau/intuitive-trader/35885
As you can see I use quite large positions on my account [actually I open three positions at once to set multiple close].
In return I got trades that loose up to 5% as a regular one [one day I lost 15%, but it was an accident, but t shows, where my stops were at that time].
Recently I started to think, should I lower my risk by decreasing lot size, or rather take it as demo, that proves my MM is correct.
There is common rule of 1% risk, but personaly I think it's not a mus......
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I'm against idea too!
I saw couple of discussions where someone did job of following system's trade on historical chart just to reveal ridiculous [or lack of] SL. Or to see something is a martingale.
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But only for open trades?
I realised, that if during a trade I change my SL, the only last one is noted in history, what doesn't give a proper view of strategy, so not sure what's your purpose Steve..
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That would be interesting stat for homepage. To summarise how many members of MFB is long or short in what pair [with main crosses on main page with ability to unwind] especially interesting would be ability to see historical data [so we can see "do we loose or win on average ;)]
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I think you can make it on skype as well.
I was thinking about chatroom too, however I see no advantage of built in chatroom over skype-one or whatsoever...
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Is there anyone willing to share their Money Management strategy? In Experienced Traders Aug 23 2010 at 20:49
Well,
I think EUR trends on some solid fundamental basis, in case those basis are no longer true you would easily realise that. However still there will be some other pair trending in such conditions...
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Is there anyone willing to share their Money Management strategy? In Experienced Traders Aug 23 2010 at 18:00
As I see from your chart you base on those big runs in the first place. So I suppose you don't risk more than 1% and as seen from statement your average loss is 0.3%... and bigest loss is 0.85%...
So it somehow fits what I said earlier...
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Is there anyone willing to share their Money Management strategy? In Experienced Traders Aug 23 2010 at 16:18
"for some systems..."
that's the key ;)
Personally if I designed system that generate 95% of loosing trades I wouldn't bet 1% of my account [btw if you could point one such a strategy here on myfxbook, I would be amazed and interested]
additionally I tried some systems that generates row of small losses and than big gain [not martingale however] and to manage trades I treated every row of losses as a one trade...
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Is there anyone willing to share their Money Management strategy? In Experienced Traders Aug 23 2010 at 07:21
What I can say for sure - lowering your trading size on losses [just to keep 1% risk or whatsoever] is a worst thing one can do ever. In other hand I by myself use different sizes dependably on how do I feel about a trade I open...
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