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New strategy
Post by admin » Wed Apr 06, 2022 8:25 am
There are several approaches in trading:
Approach 1:
a. No SL;
b. No close a trade with a loss, only use hedging instead of close trades unless the account status is in critical situation (near Blown-up or near the maximum DD); Currently, when in DD, I got in the situation of afraid to open a hedge, this need to be fixed, can put this into an EA.
c. PV is small enough to be able to sustain big move.
Approach 2:
Criteria:
1. Less hours per week.
2. Having equity protective mechanism.
3. Simplify manual trading task.
Method:
1. Higher lot, lower targeted TP (in points).
2. High hit rate.
3. Small SL.
4. Having Equity SL.
5. Having EA that determine lot size, close or open trades. Manual trade is only to press "up" or "down".
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Post by admin » Wed Apr 06, 2022 8:25 am
There are several approaches in trading:
Approach 1:
a. No SL;
b. No close a trade with a loss, only use hedging instead of close trades unless the account status is in critical situation (near Blown-up or near the maximum DD); Currently, when in DD, I got in the situation of afraid to open a hedge, this need to be fixed, can put this into an EA.
c. PV is small enough to be able to sustain big move.
Approach 2:
Criteria:
1. Less hours per week.
2. Having equity protective mechanism.
3. Simplify manual trading task.
Method:
1. Higher lot, lower targeted TP (in points).
2. High hit rate.
3. Small SL.
4. Having Equity SL.
5. Having EA that determine lot size, close or open trades. Manual trade is only to press "up" or "down".
Top
