Smart Squared!

[Zander]

Thank-you Vijay for a safe and solid February so far.

[SmartTrader]

Hey Guys,

We booked 40+ pips today on GBPNZD. i will still be looking to short GBPNZD. We have made pretty solid 3.2% for this month.

[SmartTrader]

I think what subs want to understand is how will the open trades in SS be handled, now that some subs have open trades, and some do not. Will VJ add to the basket? If so; will the "added" trades be managed as a new trade in S2, and as part of a basket in SS? If a sub's account is flat, should the signal be disabled til this is resolved? ????

There ll not be any trades on smart2 from scalper till I close this basket. I have already mentioned that. I may trade 4th trade depending on the situation. That trade ll.not b copied on to smart2

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[jprize]

I think what subs want to understand is how will the open trades in SS be handled, now that some subs have open trades, and some do not. Will VJ add to the basket? If so; will the "added" trades be managed as a new trade in S2, and as part of a basket in SS? If a sub's account is flat, should the signal be disabled til this is resolved? ????

[hs2013]

How are you going to manage this for SS subscripers ?? You have to give more attention to this account as you are getting paid for that.


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[SmartTrader]

No Smart2 is copied from smartscalper and trader. Initial risks are 0.5 and 1.5 and they might change depending on the no of trades that are already open and the DD etc. This is already clarified many times.

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[ESG]

Hi smejko,

but on what basis?
Looks like Smart2 is running its own instances of SmartScalper and respectively SmartTrader as manual.
Therefore it would be necessary to know how the lot sizes are calculated with respect to the balance of the Smart2 master account.

I have set up SmartTrader at 0.6 and SmartScalper at 0.4 risk with regard to account balance on my master account.

Vijay:
Might it be possible to clarify?

Regards,

ESG

[primi]

With Scalper you really can't go wrong with copying TP. There are many brokers out there with better spread than his master account and many many many (remember the guy from Police Academy moveis lol) times my trades closed earlier. Yes you lose a tiny bit of profit each trade but it is more than compensated when you get another level and huge profit because your other trades are already closed. Or you get to feel better even if no more trades are open because you're out of the market instead of being stuck in a basket.

SmartScalper: 0.5x risk
SmartTrader: 1.5x risk

[ESG]

Hi Vijay,

looks like I have to reassess my view on following SmartScalper and SmartTrader as single signals.

What are the risk/lot settings in the combined account of Smart2 for the combined strategies?
Would be good to know which lot size per 1K account balance or whatever calculation it might be what is used for each strategy today.

I would like to be able to compare my risk/lot size that I use today for the single signals to get a good impression about the consequences switching to Smart2.
But I really like the ability to switch off SmartScalper at times and have SmartTrader running ;-)

Kind regards,

ESG

Both ll trade the same way. But scalpers master is not am ecn platform. So sometimes on scalper trades do not hit TP n on smart2 master, they hit Tp. And all other good brokers do reach TP. This happens very rarely. When it happens I intervene n trade the necessary actions

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[SmartTrader]

Both ll trade the same way. But scalpers master is not am ecn platform. So sometimes on scalper trades do not hit TP n on smart2 master, they hit Tp. And all other good brokers do reach TP. This happens very rarely. When it happens I intervene n trade the necessary actions

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[taruh]

If you have the EA set to copy TP..and your broker hits the TP your trades close, even if the master Smart Scalper account does not.

Thanks for clarifying.

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[taruh]

Hi taruh,

if you do not copy TP/SL to your account the positions are closed when master closes.
If master didn't hit TP on his broker positions will remain open on master and on the account that copies it's trading.

If you copy TP/SL to your account it might be that your brokers data feed/spread hits TP/SL and your positions will be closed and master might be open anyway.

Regards,

ESG

Yes that clears up a lot. Thanks.

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[ESG]

Hi taruh,

if you do not copy TP/SL to your account the positions are closed when master closes.
If master didn't hit TP on his broker positions will remain open on master and on the account that copies it's trading.

If you copy TP/SL to your account it might be that your brokers data feed/spread hits TP/SL and your positions will be closed and master might be open anyway.

Regards,

ESG

That's odd because I follow Smart Scalper on two accounts and on both the trades closed after reaching TP.

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[jprize]

That's odd because I follow Smart Scalper on two accounts and on both the trades closed after reaching TP.

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If you have the EA set to copy TP..and your broker hits the TP your trades close, even if the master Smart Scalper account does not.