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- Trading Comp Strategy - How to Increase Your Chances
Q. How can you trade smart and win a trading comp? A. You very likely can't !! The reason you can't ...
Yes it looks good on paper but you have to expect more wipe outs if you trade large > 4-5% After a 5% loss you need to actually make MORE than 5% profit gain to break even. eg an extream example- 50% loss needs a 100% gain to break even. ...
Comp delayed so day one was a "NO TRADE" day (saved me 1% of account) I will keep updating this image daily.
What pairs to trade? My thinking (which only applies to my bot)- I want safe pairs that are not so volatile as I do not want to be stopped out too often, my bot can handle losses but not too many in quick succession. high volatility is very bad for ...
Q. How can you trade smart and win a trading comp? A. You very likely can't !! The reason you can't ...
trade by % is exactly what you do everytime you trade ? Or are you not risking a % of your account on a "%" movement EVERY TIME!! you trade with a stop loss?
I had a similar problem on a bot im building, 50% win rate, 1.3-to-1 reward-to-risk, and my numbers are good most of the time. What i did to get those big drawdowns limited was to treat my ea profit graph like a moving average indicator. seen as the ...
What FX pairs will you be paying attention to when if that happens ? Im not a gold man but Im just getting into it so any advice on what FX pairs eg AUD /xxx USA/xxx I can use to help build a better picture of where gold is heading. USA, S-Africa*, ...