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
- Forums
- Forex
- Forex Monthly Trading Thread and setup ideas
With a big grid trade - I lose my account, its as simple as...
- There are more pages in this discussion • 700 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online