Wednesday, 9 November 2011

Further experiments 2

It seems the newest strategy works in ranging and trending markets for now, this past few days i have been working on euro dollar booking in profits ,while maintaining hedges in the minus, as the pair range i continue booking profits and cutting the losers gradually when the profits is bigger than losers.Eventually the balance and even the equity rises, bigger suprise when the balance and equity rises even faster in trending markets today, as euro trends down.
This happens simultaneously with closing of some big losers but the profits is bigger than -ve positions. At some point there was 12 -14 positions buy and sell combine which i gradually close all but 4 today after i decided to call it a day. All of this without using a single tp or stop losses.
Another version i will test is using 200p fixed SL for all positions long or short . I wanted to know if i can cut dd faster and maximizing profits at the same time, yet in one condition.. the profits must be bigger than the booked SL's that was hit...seems a new kind of challenge.Time will tell between the two.

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