Is it all realistic? - page 5

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An anecdote, I don't remember exactly. - I bought a piano, sat down to play, and then realised that there was no music.

 
LeoV >> :

I have a 66th place in the championship. I have to confess - I was let down by my TP and the wrong period of optimization - it could not be changed after September 19. I have a very good view on the real market (without TP). I trade solely by my own TS with strict adherence to MM. In profit. I`m trading exclusively with my own TK.

So what?

 

I can say that I'm at the same level as the author, so you're not alone!


After a few of Kolya Margin's engagements I personally made some conclusions:

- Trading on a long range, without a stop (like on the fundamental) - unrealistic, this fundamental is unpredictable or you have to be an expert in macroeconomics, or sell your soul to the devil =)

- For example, I had a $5000 deposit, went in with 0.1 lot, took small (100-200ppt targets) on GBPJPY, if the price was not winning I added (scheme like 0.1,01,0.2,0.2,0.3,0.4...), and closed after correction. In the end the last year's move was half a year down, I was 6000ppts down, and in the end the deposit didn't hold.

- The only possible trading tactic is "grab and run" i.e. trading with small targets (10...100 pips) and obligatory stops.

 

Yes... I too have concluded that Martin Gale is evil... So-called Hedging, in fact, easily turns into Loan sharking... In future trading I will give it up. And the second conclusion, stops are a must... It's right they say that people learn from their mistakes and no matter what they were advised (and I was warned about all of the above more than once), the man will do their own thing ... But he will "learn from his mistakes" and will not make the same mistakes for the second time ...

By the way, who has anything bad/good to say about LoCing positions?

 
Shniperson >> :

By the way, who has anything bad/good to say about LoCing positions?

The pros and cons have been argued dozens of times.

Suffice it to read.

 
If they are talking about an opportunity to live and support their family on money from the market, why not? There is only one nuance, the market should be your friend, not your enemy. I.e. you have to earn more and lose less, and then withdraw real money from the difference. And this withdrawal should not be 80% of the entire deposit.As for the search for the grail, there is a cartoon Kung Fu Panda, where everyone also bowed to the grail, which eventually did not turn out. Select the least risky trading strategies and write an EA based on them.
 
Where do you get the "risky strategy"?
 
Shniperson писал(а) >>
And where to get the most risky strategy?

The least risky TS - it is any TS, giving at least any profit with any drawdown + as big a deposit and as small a lot as possible, so that the real leverage of each transaction was close to 1:1. In other words, if the deposit is $10000, then work with 0.1 lot, and if the deposit is $100, then work with 0.0001 lot. Then the risks are minimized, and forex trading turns into working, not playing in Forex casino. )))))

 
LeoV >> and forex work turns into a job, not a forex casino game.)))))

A very boring and low-paying job that needs a hired hand. Unless you put a lemon of green in your account, of course... But a lemon of green can be put to more sensible use.

 
If you have a million bucks, there's only one way to go - to Sberbank and you don't need FX!
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