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Avoid trading on macroeconomic data(brexit)

theHand
Jun 23 2016 at 11:39
365 posts
Let me put it like this, better to be out is to be there with a system that was designed from scratch knowing these kind events are part of the task.

Correct trades sizes, functions handling the various problems this can cause, like spikes and wide spread events. Kick outs on major NAV events etc. Just proper global risk control.

theHand
Jun 23 2016 at 13:20
365 posts
This is a coin toss. You have no idea when you go into it if it will work for your or not. Over time it's a 50/50 thing.

Let it run when it goes for you, cut it short when it doesn't.

FSM (dkilmer)
Jun 23 2016 at 13:57
90 posts
theHand posted:
This is a coin toss. You have no idea when you go into it if it will work for your or not. Over time it's a 50/50 thing.

Let it run when it goes for you, cut it short when it doesn't.


no shit sherlock. glad you are doing good, luckly for us, there is a million ways to skin a cat

Everything in the market is like a fart, if you have to force it, it is probably shit
alexburlakov
Jun 23 2016 at 14:31
4 posts
It is clear off course. I'm intresterd in results profit/looses during Brexit

theHand
Jun 24 2016 at 10:35
365 posts
So there is at least 1 result.





61% for the week so far. Most of it from today. You have to be in to make money.

The risk of this is to high for normal trading. But on O one can chuck $100 on it, see what happens over time.

Attachments:


theHand
Jun 24 2016 at 10:43
365 posts
@dkilmer

There's actually only 1 way to skin a cat. With a knife. Nothing else works. Some farms in my family, I have a rough idea how skinning works.

xgavinc
Jun 24 2016 at 12:26
235 posts
Next move to look out for: 'Referendum on Scottish independence' announced to be held before UK leaves the bloc. I'm up just over 35% since yesterday... congratulations on the 61% theHand, keep 'em coming.

For every loss there should be at least an equal and opposite profit.
theHand
Jun 24 2016 at 23:45
365 posts
Probably just luck @xgavinc .

I don't get too many BREXIT's to try my luck on. Sadly. So very hard to build a statistical picture on how I really do on these events. Few more events like this a year be nice, but I guess that would be too easy...

Point is though, that I'm trying to make to the rest of the posters here, that if one can trade through an event like this and come out smelling like roses, then NFP and the rest of them just doesn't matter. All you need is well thought out and well designed system. If you can't even handle NFP then there's something wrong with your methods.

theHand
Jun 25 2016 at 01:39
365 posts
And here's at least 2 of us who did trade through this and did ok, so it is possible.

gatoreye (gatoreyefx)
Jun 25 2016 at 14:29
6 posts
best opportunity to make money when volatile. that is why you need an automated system like EA to adapt to every situation. When you have that, there's nothing to worry.

Don't tell me it's not possible.
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