With a big grid trade - I lose my account, its as simple as...

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    With a big grid trade - I lose my account, its as simple as that.

    THAT WHY I RARELY TRADE THIS WAY - GREED IS DANGEROUS
    So,

    1.. I place $5K in a account and trade with a big grid formation.
    2.. Stop loss is at break even then a second Hard stop loss is placed at around 300 pips ( Account gone if I'm lucky).
    3.. I open a second account, place $5K and place a grid formation trade orders in the opposite direction.
    4.. I may need to add addition capital because of margin will out grow account.
    5.. Never bet against the US currently.
    6.. Do not hold large holding over weekend.

    There is a far safer way to trade with multiple orders with less risk and regular steady income provided.
    But a big grid is fun occasionally
    Last edited by RickM: 22/11/17
 
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