Discussion of article "The "All or Nothing" Forex Strategy" - page 2
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Tested all day. Did European and American currency pairs from yesterday afternoon until now and honestly surprised by the results. The account with a capital of 10k has become 47k by now. Notice that when trading, as long as the direction is right and in constant profit, the strategy will continue to increase the position until it is full. And when the market is not fluctuating, the position is small. There are position reductions when there are losses.
I don't know how to add positions myself, so I always don't know how to maximise my gains when I'm making profits, and I resist reducing my positions when I'm losing money. This strategy gave me a good insight.
Only question, the strategy is for MT5, is there any way to use the strategy on MT4? Seems like not much of a technical question. I've only been using MT4 for a few days and the platform I'm opening my account on doesn't have MT5, so if you know anything about it, please help me out.
Lastly, thanks for the great strategy. ps A colleague tested it on another demo account and lost 90% of his capital in one night.