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Yer but this boy is talking as if i created the errors someone tell him it comes from mt4 data not me
tonny,
here are your trades in a EURUSD template file, apply the template to a new EURUSD H1 chart and zoom out as far as possible . . .
If you look at trade 262 4th May 2012 you will see it experiences approx 1.31652 - 1.20420 = 0.11232 or 1,123 pips of draw down, the TP is at 1.31702 or 5 pips.
For all your trades to be taken you are happily risking 1123 pips for a reward of 5 pips, this gives a R:R of 1123:5 or 224.6, this R:R would give a Coin Toss Win rate of 99.56%
If you look at trade 262 4th May 2012 you will see it experiences approx 1.31652 - 1.20420 = 0.11232 or 1,123 pips of draw down, the TP is at 1.31702 or 5 pips.
For all your trades to be taken you are happily risking 1123 pips for a reward of 5 pips, this gives a R:R of 1123:5 or 224.6, this R:R would give a Coin Toss Win rate of 99.56%
As i said scalping is a win and leave investment like a casino game but that doesnt stop or shouldnt stop us from exploring ideas
Sure, I created an EA with you in mind . . . I even named it after you, let me know what you think.
It uses a fixed TP & SL, none of this leaving trades open until it gets a Margin Call rubbish . . . balance Draw Down was just over 10% so not too bad.
Sure, I created an EA with you in mind . . . I even named it after you, let me know what you think.
It uses a fixed TP & SL, none of this leaving trades open until it gets a Margin Call rubbish . . . balance Draw Down was just over 10% so not too bad.