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HMuller1971 replied Mar 25, 2020Hi Lanapips. Technically there is nothing wrong here, both of these trades are valid trades. I think you are trying to stay in trades too long, You definitely need a TP to lock in profits. That is the success of the HM240 and RSI60 i have been ...
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HMuller1971 replied Mar 24, 2020Hi alula Man, oh man... Risk Management (coupled with Money Management) is a field of study on its own,.. and I can talk about this for hours. So, yes, you are absolutely right,.. as a rough thumb suck you should never risk (risk to lose) more than ...
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HMuller1971 replied Mar 24, 2020Hi Alula, Yes controlling risk on a micro accounts is really difficult even if the minimum lot size is small like 0,01... This is one of the single biggest reasons why so many people fail,.. they start underfunded, i.e. starting account size is too ...
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HMuller1971 replied Mar 20, 2020Hi JustUncleL Yes i completely agree, the single biggest issue I also have is the fact that the universe of 28 FX pairs we trade is very small and there is a lot of co-linearity between them (i.e. high correlation ) and that is not a good thing. At ...
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HMuller1971 replied Mar 20, 2020Hi Guys,... A question to the clever and more experienced people here in the thread. I eventually want to trade several strategies into the same account. My ideal world would be to: 1). Trade 5 strategies concurrently per account 2). Strategies ...
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HMuller1971 replied Mar 13, 2020Thanks JustUncleL Dammit!!! why is nothing ever easy?? ugh,,, want to vomit now.. regards H
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HMuller1971 replied Mar 13, 2020Hi Guys, I have been having a lot of issues lately with running 6 or more MT4 platforms concurrently on my my laptop and yesterday my setup HM240 + RSI30 was up almost $400 by mid London session and then I had to close the MT4 platform because I ...
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HMuller1971 replied Mar 10, 2020HI Guys Just want to get the member's collective input Im looking at FX brokers and at the moment my research has led me to DukasCopy and SwissQuote (both in Switzerland) What i like is that both of these are licensed banks and both are listed on ...
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HMuller1971 replied Mar 9, 2020My Setups for the day: Today was absolutely a crazy day on global FX and stock markets.. Believe me,... many many may people lost their shirts today..
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HMuller1971 replied Mar 7, 2020hehehe... Man, you dont want me to get started,... My wife says I talk too much and that I say in 3000 words what i could have said in 30 .. She is Ukrainian and at school and University they get taught to think with logic only (no emotions) and ...
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HMuller1971 replied Mar 7, 2020Hi JustuncleL Yes you are absolutely correct. Success is derived through diversification and that means running several (at least 3 to 5), orthogonal (uncorrelated) strategies at the same time. Orthogonality is derived through: 1) trading different ...
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HMuller1971 replied Mar 6, 2020The secret sauce is: every morning (after the first cup of coffee) you have to turn yourself clockwise 3 times and then throw a pinch of salt over your left shoulder..
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HMuller1971 replied Mar 6, 2020Hi lananpips In the beginning I was doing a lot of research and testing regarding this combination (HM and RSI) and I used to open a lot of FX pair charts to check and double check aspects (price action around RSI 90 / 10 levels, etc.. ) during the ...
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