You are a trader and we are on a General forum. If you are so good at "rowing" Forex, why don't you share your knowledge? And then it turns out a statement - I know how to use Loki, there is knowledge, techniques and narobotki, but I will not tell You! If you do Good for forum readers, it will be returned to you in the form of profit on Your real Deposit!
There is a lot of information. It has a different format. The accuracy of the information, there is information free. There are traders who need personal training, there are traders who self-study. Everything should be done in a civilized manner, taking into account financial opportunities, importance, necessity, and value...
The forum has a topic where you can inform about the need to train or train. If you need personal training , leave a request there and you will receive offers in different formats. You can make a good choice.
I think this topic is similar in spirit to the topic Of trading from correction, about moving averages. So, for all fans of stops similar to a profit of 10 points, go there. 95% of the responses are there.
I purposefully used a locking order today. Put it at a distance of 15 points. I came out of it when the indicator showed a decrease in the strength of the trend and still began a reversal. If there were additional funds, I would repeat the previous one after closing the locking order. But it is necessary to look at the situation that is developing in the market at this particular moment.
Yes, at that point, if the choice is between stop and Locke, in the case of scalping, I'm all for Locke, because Locke from the future can exit with a profit, and if you do not see a profit, then just close both transactions. But the whole point is that funds are needed to close the lock profitably, and if we are considering options with a top-up on the trend, then in fact our task is to cover the loss on the lock, so why do we need it at all, if it can be closed and just cover the loss.
Locking orders allow you to reduce the rate of margin reduction in the opposite direction of currency exchange rate movement. If, for example, two orders with a total volume of 2 lots and one locking order with a volume of 1 lot are opened. Then this locking order will slow down the decrease in the margin level twice. If the locking order is 2 lots, the margin level will remain in place. And when the pivot point occurs, you can close the locking order with a profit by increasing the margin level and re-open another order now according to the trend. And this will be able to bring the breakeven point for these three orders closer. This is how I see the use of locking orders.
Well, I know this, I even practice scalping when there is a lack of margin. I just open the lock and there are free funds for another pair. Just in fact, if we close unprofitable orders, then there will also be free money. As for me, Lok is a more psychological move, of course there is also a practical benefit, but more than that, we do not admit defeat, but postpone the solution of the problem for an indefinite period. But the main thing is to be able to get out of the lock.
I agree, but we also need to understand whether it will be possible to find new entry points when closing unprofitable orders. This is a whole set of calculations when a bet is made on the future price of a particular currency. I have more than once had cases when in a few days all my losing orders gave a decent profit. The main thing here is to calculate the Deposit possibilities. And if you trade without the system and close orders at minus 30 points, it will quickly eat up the entire Deposit.
Yes, this is a local panacea, everyone really thinks that a stop loss will save them from losses. Here is even the topic of stop loss with a profitability of 10 points, well, really, it does not save, if the vehicle is bullshit,it will only stretch the life of your Deposit. If you consistently put a stop at 30 points, you will definitely go to minus 30, then again and again. I'm not saying that we should strive to trade without losses, we just need to trade smarter. In the same case, with 10 points, I consider Loki more useful than stops. But although, as you say, there is even more to think about.
Good afternoon. I am personally opposed to locks and big stops. It is better to take a stop and not clutter up the trade with slack orders. Even in a situation where everything seems to be done correctly, and the price
against you a little left and is about to touch the stop, it is better to accept it and enter again. For me, STOP MEANS STOP, this is the law. By moving it, or locking it, you're giving your deal
(unprofitable) chance of survival again and again, time after time... This violates the basic principle of trading: cut losses, let profits grow. I'll give you an example: "it's like some kind of
you forgive the criminal time after time, and he steals and steals, and now, You are already without pants...". Move the stop, and I try to implement it, only in the direction of buzubytka, only then
trading will be positive. Personally, I (if anyone is interested), adhere to the principle of trading risk small to hit the jackpot. That is, the profit covers 3-4 moose. And try
take 10 PP and get out of the market is like shooting a gun at sparrows. It's better to queue from a vending machine. Out of 100 bullets, 10 will hit the target, but the cost of these bullets is much less than one
In medium - and long-term trading, this is true. If the TS implies a stop and it is justified by resistance, trend lines or something else, then you should not move it and put it too far, average it, lock it even more. But we are talking about a 10pp profit here. According to your scheme, 1 profitable stop should cover 3 unprofitable stops of 3-4 points, provided that the spread is 3 points. Pipsing and trading over a longer period of time are different things, and the rules are also different, respectively.
Pipsovat with a spread of 3 points-masochism of the purest water. The higher the spread, the higher the goals should be set for profit, otherwise the mathematical ratio of profit to loss and the probability of reaching stop and take will be so unprofitable that active trading in such conditions will only lead to a rapid reduction in the account balance.
And in General, pipsovka on Forex - so-so idea. The Commission costs are too high compared to the same exchange, for example. On the exchange, usually 2 ticks and you are already at zero. On Forex, I have never seen a spread with less than 6 ticks on a five-sign, even with all the rebates.
Well, that's why the size of the stop is discussed. With the condition as you suggested-stop 3 times less than the profit - it will not be profitable in any case, I agree, because there will be only solid stops. In General, I do not see the point in pipsovke to put the foot, saw-cut off, nothing else is necessary.