I am checking with your trade log and the third GBPNZD trade were not copy to my account (the one that was in profit). What you think that happened?
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Originally posted by SmartTrader View PostHey Victor,
i updated it few times after the heavy loss we have taken.
first i made the change to take trades at 30, 40, and 50 pips and so on
later i have included volatality aspect, (so the previous modification is overwritten) depending on how strong the trend is the difference between the next trades is calculated. this is to avoid big DDs. Also i have included the lot sizing based on this gap, otherwise it wont be complete. why do u say there is not dynamic distance at all? 42 pips is the dynamically calculated difference. Second trade difference might be slippage or something, thats why the diff is 44. in the previous GA trades the difference was 60+ pips and the lot size was 0.03 and now 42/44 and the lot size is 0.06. its dynamic right?
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i deliberately wanted it that way. My trades do not stay for days, max 1 or 2 days. so not much will change from the time of entry to exit. so i am fixing the distance and the lot sizes before hand. it will become really complex if you keep on adjusting your distance and the lot sizes. Sometimes after a big move, there will be low range periods, that doesnt mean the volatality is low. we shouldnt be adding additional positions at shorter distances and increase or decrease the lot sizes, that will screw up the average price of our trades and in turn our TPs.Last edited by SmartTrader; 10-16-2014, 11:22 AM.Trade the market, not the trader
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Originally posted by SmartTrader View Posti deliberately wanted it that way. My trades do not stay for days, max 1 or 2 days. so not much will change from the time of entry to exit. so i am fixing the distance and the lot sizes before hand. it will become really complex if you keep on adjusting your distance and the lot sizes. Sometimes after a big move, there will be low range periods, that doesnt mean the volatality is low. we shouldnt be adding additional positions at shorter distances and increase or decrease the lot sizes, that will screw up the average price of our trades and in turn our TPs.
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Wow... this is totally NEW... so now you also Hedge, Vijay?
Also, what a beautiful level to insert the Hedge... Why not before at a higher level?... I really hope is not the result of something emotionalLast edited by VictorTous; 10-22-2014, 08:50 AM.
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Is just that I thought trades must be placed before high impact news like: MPC Asset Purchase Facility Votes & MPC Official Bank Rate Votes.
(And it totally changes your SmartScalper system, and what to expect from it).Last edited by VictorTous; 10-22-2014, 09:02 AM.
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