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magnumfreak replied Dec 15, 2009Here's my 2 cents worth. If scaling out is such a great idea for profitable trades, why don't you scale out of losing trades? Stands to reason that if it is good for one it should be good for the other right?
Scaling out vs staying fully invested
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magnumfreak replied Dec 15, 2009I hope someone can prove me wrong. I am man enough to admit when I am wrong. But I have tested literally hundreds of variations, some that were posted and others that I tried to create on my own. The example I posted was based on what the second ...
anybody using martingale system with success??
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magnumfreak replied Dec 15, 2009quite the contrary, I studied and analyzed martingale systems for over 6 months last year. I have never seen one method that involves martingale that could sustain growth over a long period of time. Yes they work under ideal conditions, however one ...
anybody using martingale system with success??
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magnumfreak replied Dec 14, 2009to create a new account you just have to click on file and open account from within mt4 no need to download and set everything up again.
MT4 demo account
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magnumfreak replied Dec 14, 2009not a problem. I just wanted people to know that the indication can change on them. I used to use it for trading until I found the little bug. The way you are describing that you use it, it may not even be a problem for that method. Definitely no ...
Craig Harris Stochastics Method
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magnumfreak replied Dec 14, 2009my apologies for not getting back to you sooner. Yes that was a valid entry. I had some things to take care of during the day (unplanned of course) so I did not make any other trades besides the one small loser. Looking at the charts, I really ...
Freakish Results
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magnumfreak replied Dec 14, 2009I used to think the scaling out method was best for profit until I thought about the fact that I do not scale out of a losing trade why should I scale out of a winning trade? To me (not saying that it is actually that way) scaling out of a winning ...
Favorite method for securing MORE profit.
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magnumfreak replied Dec 14, 2009I realize that the current candles data will change until the candle closes that is normal, however, TDI will redraw even 100 candles back if you switch time frames and come back. If I change time frames and come back to the same time frame a good ...
Craig Harris Stochastics Method
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magnumfreak replied Dec 14, 2009as long as you seed it with the same number it will always generate the same random number sequence. Random really isn't random in the world of computers.
MathSrand(TimeCurrent()) produces the same random numbers
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magnumfreak replied Dec 14, 2009use TimeLocal() or Time[1] instead. TimeCurrent() will only return the last known server time.
MathSrand(TimeCurrent()) produces the same random numbers
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magnumfreak replied Dec 14, 2009Wow, sure seems like a poor way to make 18 pips net (assuming an average of 4 pips spread). First short +50 Second short +25 Third short 0 Fourth short -25 First long -50 Second Long -50 (2 lots at -25) Third long 0 Fourth long +100 (4 lots at +25) ...
anybody using martingale system with success??
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magnumfreak replied Dec 14, 20091. Low spread 2. Decent daily range. 3. Trends nicely. 4. Starts with an E 5. Ends with a Y
EUR/JPY Anytime!
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magnumfreak replied Dec 14, 2009Just a note of caution, the TDI indicator repaints. If you leave it on your charts for several hours then change time frames and come back, the TDI indicator will look different than when you first changed time frames. This doesn't mean the ...
Craig Harris Stochastics Method
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magnumfreak replied Dec 14, 2009small stop out on EJ trade. 9 pips including spread. waiting for next setup.
Freakish Results
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magnumfreak replied Dec 14, 2009Markets have finally calmed down some so it is time to start looking for trades. Right now EJ and GJ are starting to set up for a long. Just needs to get across the moving average and then confirm. Patience is important even on the 1 min chart.
Freakish Results
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magnumfreak replied Dec 13, 2009Not sure if it is related but this bit of news popped out at the exact same time the spike started on the 1 min chart.
Craig Harris Stochastics Method