To use chat, please login.
Back to contacts

watch this video. can be interesting

Steve Walker
walker36
Feb 09 2012 at 00:01
1341 posts
yes. _somehow semiautomated. I execute trades from keyboard. the reason is this to prevent from oldtick, slippage and high spread. EA gets the execution command from keyboard and execute it when the situation is good for the trade. with that I also can monitor the slippage.

BUT I spend all time watching the screen, each tick.



   Chikot posted:
   Still, $5000/ $5 = 1000 😲 I usually trade size that is 1/10000 of my account per pip to 1/5000 per pip. Are you going to do it manually?


   walker36 posted:
   not so much. I reduced it from 10$/pip to 5$/pip😉

   Chikot posted:
   Oh Brave One ! 😲


   walker36 posted:
   yes. correct

   Chikot posted:
   
Steve, you mean you open position with $5 per pip size?


   walker36 posted:
   thanks Chikot same wishes for you.

I will reduce the risk from 0.75 LOT per 5000$ equity >> 0.50 LOT per 5000$ equity.

this is %50 of my initial plan. So this will reduce my risk %50.

walker







Chikot
Feb 09 2012 at 00:11
2299 posts
yeah, me too. This is the reason I cannot trade well more than one instrument cause I have to watch carefully how price moves tick by tick when making decision.

Steve Walker
walker36
Feb 09 2012 at 00:16
1341 posts
currency has one advantage rather then Oil which is I can monitor 3 angular price movement between EURUSD/GBPUSD/EURGBP. this is one of the most important point. So I need to watch 3 pairs at the same time. this is the dificoult part.


   Chikot posted:
   yeah, me too. This is the reason I cannot trade well more than one instrument cause I have to watch carefully how price moves tick by tick when making decision.

Chikot
Feb 09 2012 at 00:56
2299 posts
Oil is a different instrument and behaves differently from currencies. this is why you won't see many grid traders trading oil 😉

Chikot
Feb 09 2012 at 00:57
2299 posts
I think oil is more than enough for me.

Steve Walker
walker36
Feb 09 2012 at 05:39
1341 posts
flatten. it was a long day. time to rest.😎

Steve Walker
walker36
Feb 09 2012 at 16:33
1341 posts
Steve Walker
walker36
Feb 09 2012 at 18:34
1341 posts
GRID is not a trading system. pro traders use GRID to enter trade with a average price. which is logic. It is not possible to know how much price will pullback. at that point they set a entry point and enter. then in the case of a reverse move they open some more trades and average the price with an exit strategy or level or %.

GRID == SUICIDE.



   Chikot posted:
   Oil is a different instrument and behaves differently from currencies. this is why you won't see many grid traders trading oil 😉

Chikot
Feb 09 2012 at 22:28
2299 posts
Anyway, a lot of guys use grid in FX market but I have not heard of anyone trading this way oil or other commodities...



   walker36 posted:
   GRID is not a trading system. pro traders use GRID to enter trade with a average price. which is logic. It is not possible to know how much price will pullback. at that point they set a entry point and enter. then in the case of a reverse move they open some more trades and average the price with an exit strategy or level or %.

GRID == SUICIDE.



   Chikot posted:
   Oil is a different instrument and behaves differently from currencies. this is why you won't see many grid traders trading oil 😉


Steve Walker
walker36
Feb 10 2012 at 15:16
1341 posts
the reason is the leverage. commodities has low leverage and GRID can not be traded with that.

   Chikot posted:
   Anyway, a lot of guys use grid in FX market but I have not heard of anyone trading this way oil or other commodities...



   walker36 posted:
   GRID is not a trading system. pro traders use GRID to enter trade with a average price. which is logic. It is not possible to know how much price will pullback. at that point they set a entry point and enter. then in the case of a reverse move they open some more trades and average the price with an exit strategy or level or %.

GRID == SUICIDE.



   Chikot posted:
   Oil is a different instrument and behaves differently from currencies. this is why you won't see many grid traders trading oil 😉



Please login to comment .