ForexScotty Manual - Live (Oleh forex_trader_282486)
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ForexScotty Manual - Live Diskusi
forex_trader_282486
Anggota Sejak Oct 25, 2015
57 pos
Nov 18, 2015 at 23:20
(diedit Nov 18, 2015 at 23:20)
Anggota Sejak Oct 25, 2015
57 pos
Hi Rob,
I use a limited doubling in lot size to average down my trades if the trend is solid. Only to 5 grid levels. I do not use an individual trade stop loss, but an EA that will close all trades on the account if overall equity reaches a certain amount.
I just don't like the fact that myfxbook calculations are not accurate.
I use a limited doubling in lot size to average down my trades if the trend is solid. Only to 5 grid levels. I do not use an individual trade stop loss, but an EA that will close all trades on the account if overall equity reaches a certain amount.
I just don't like the fact that myfxbook calculations are not accurate.
forex_trader_282486
Anggota Sejak Oct 25, 2015
57 pos
Anggota Sejak Nov 20, 2015
23 pos
forex_trader_282486
Anggota Sejak Oct 25, 2015
57 pos
Dec 01, 2015 at 14:01
Anggota Sejak Oct 25, 2015
57 pos
Professor53h posted:
Since its looking good... Keep it going!
I've been reviewing my trades and it is great when the martingale style recovery works, but the risk to reward is just not there. Once again, I am in the 5th level of the grid hoping to recover. I don't like the idea of 'hoping' to recover. When I look at my history and see time and time again winning trades where the martingale was not necessary and the session's trading would have resulted in 100 pips in gains if I had only used a standard stop loss of say 30 pips where that level would have been the first level of the grid.
Anggota Sejak Nov 20, 2015
23 pos
forex_trader_282486
Anggota Sejak Oct 25, 2015
57 pos
Dec 02, 2015 at 15:00
(diedit Dec 02, 2015 at 15:02)
Anggota Sejak Oct 25, 2015
57 pos
But, I will still play with it on this account. I changed the martingale calculation to 1.7 which allows me to keep 7 grid levels. But saying that, I think I will only keep it until I gain more confidence in my entries, then drop it. It is a nice security blanket to have...until it all goes bad. LOL
Anggota Sejak Nov 20, 2015
23 pos
Anggota Sejak Nov 20, 2015
23 pos
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