Max trade size? — Hi, Major, I understand you do not martingale but you may sometimes double your original lot size as price moves against you. Would you trade x4, x8, or even x10? I used to double my lot size every time, but no longer now as ...

Scalping 20+ trades per day

Similar style! — I read your journal with much interest as I trade in a similar style. I counter-trend and average in when the price moves against me. What do you think of trading long and short at the same time? In this way, you can always ...

Scalping 20+ trades per day

Thanks for posting the EA, I will test it out. I am fascinated with martingale systems. I am trading a counter-trend system with controlled martingale. Yours is a trend-following system with controlled martingale. Might be good for me to trade both ...

Bullheaded Probability Trading

Hmm... I don't really understand how the spread can trigger the order though. If the order was a 100 pip gap the EA should look at the bid price (if it was a buy order) so the spread shouldn't really matter? Thanks.

Please help - my EA incorrectly opened positions at market opening after weekend

Would this mean that the EA tried to open a position at the desired price but could not due to the wildly fluctuating spread? Thanks.

Please help - my EA incorrectly opened positions at market opening after weekend

In Saintsurfer's original idea, we are betting on a breakout, but in Zebulon's case, we are betting on the range to continue. Which is better?

The Advantage Of The Range With High Risk

Yes, that is how I am trading the strategy too. I have come across a few times when the range of the market increases. When this happens I find that my danglers grow so that my unrealized loss increases. I am just afraid that if we keeping adding ...

The Avalanche

This strategy has no SL. It simply relies on the price to breakout in one direction so that your overall positions are in profit. If you include SL they will keep getting hit during ranging periods. I like this strategy as you do not have to predict ...

The Avalanche

I trade the strategy manually on Oanda and use very very small lot size. I place orders up to 200 pips above and below current price. Take profit is at your discretion. If price has hit resistance or support level better to take profit and start the ...

The Avalanche

I have been trading a similar strategy for the past month on GBP/USD. I place buy orders every 20 pips above current price and sell orders every 20 pips below current price. I keep my lot size constant, however. Prices tend to breakout, but during ...

The Avalanche

I have been trading this way for less than a month. When I see that I have unrealized profit, I close all positions and start again. Yes, I think the only way is to increase the position size of CAD when AUD devalues against it.

Carry Trade with Hedging

It does seem possible, and it's a strategy that I am testing too. We need to keep the position size very very small and every time AUDJPY falls by 200 pips then buy again (and short CADJPY again). The risk is when the correlation between the two ...

Carry Trade with Hedging

Comments on entry idea pls — Hi, Graeme, I like your story on blackjack. I have an entry idea based on your concept of moving stoplosses of winning positions to breakeven. I would like to know your opinion on this. 1. Place 2 long and 2 short ...

Building an equity millipede

Both my long basket and short basket did not perform well today. Stop losses were hit and reverse positions in negative. I closed all positions with a loss. Seems like if prices whipsaw, it will result in losses.

Looser Trading System (Version 0.01-1/3)

Again I closed one account with 1% profit and the other account I closed at breakeven. Now going to reopen all positions.

Looser Trading System (Version 0.01-1/3)

The short account realized its 1-2 % profit in about 7 hours. All the positions on the long account were exited for breakeven for a slightly longer time. I think once the profit target is reached for an account, all positions should be exited. If we ...

Looser Trading System (Version 0.01-1/3)

Although 3 stoplosses were hit in my long account, other positions had a profit (including the stop and reverse positions), so my net gain or net loss for that account was about zero.

Looser Trading System (Version 0.01-1/3)