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Publish programs in Code Base. Improve your rating!
Mirza Baig
2352
Mirza Baig 2013.05.27 21:34 
  • 37%
    (17)
  • 33%
    (15)
  • 20%
    (9)
  • 7%
    (3)
  • 4%
    (2)
Total voters: 46
Mirza Baig
2352
Mirza Baig 2013.05.27 21:37  
Please share your comments also :)
boonchuai saetang
1412
boonchuai saetang 2013.05.28 06:49  
Strongly Agree
Mehrdad Shiri
4407
Mehrdad Shiri 2013.05.28 07:02  
Strongly Agree
Tonny Obare
24069
Tonny Obare 2013.05.28 09:36  
Strongly agree :-\
Simon Gniadkowski
Moderator
17972
Simon Gniadkowski 2013.05.28 09:49  
Does anyone here have any evidence to show why their "strongly agree" vote is a correct one ? or is it all based on what has been read elsewhere or unfounded opinion ?
Mehrdad Shiri
4407
Mehrdad Shiri 2013.05.28 10:28  
RaptorUK:
Does anyone here have any evidence to show why their "strongly agree" vote is a correct one ? or is it all based on what has been read elsewhere or unfounded opinion ?

Perhaps this is the axioms

:-)

Tonny Obare
24069
Tonny Obare 2013.05.28 10:58  
From my own experiments tp and sl perform better and are a good optimising factor than using reverse signals to close trades.
Mirza Baig
2352
Mirza Baig 2013.05.28 11:27  
tonny:
From my own experiments tp and sl perform better and are a good optimising factor than using reverse signals to close trades.
In one post, you say people don't need mathematical theories, in another, you say SL and TP are good optimising factor. Good SL and TP as standalone cannot perform unless you have good mathematical expectation of the trading system. :)
Bharamappa Gojanur
351
Bharamappa Gojanur 2013.05.28 14:54  
anybody who can advice never to use sl_tp ? Any Ea performing well without SLTP?
Alain Verleyen
Moderator
29468
Alain Verleyen 2013.05.28 15:08  
drbmgojanur:
anybody who can advice never to use sl_tp ? Any Ea performing well without SLTP?

SL and TP aren't technically mandatory, BUT it's very risky to trade without SL. SL and TP orders are set on the server side, if you don't use them you have to use your EA to monitor your trade and close it by code. But what if you loss connection with trade server ?

Furthermore it's a good practice to set a SL, even greather than your real SL. Trading without SL is very risky, and lead sooner or later to big losses.

/ /1234
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