Grid trading strategies
Grid trading strategies the holy grail of forex according to some obscure websites or scammers trading try to grid you crap forex robots. No need to watch the chart, just trading and make money! Technical analysis is for dummies, nobody need to watch high impact news, mathematical way of trading solves all these problems, forex trading is a piece of cake. The truth is, grid strategy ALWAYS LOSE YOUR MONEY on the long run even if you make high profits for a few days or even months. All of them, no exception! Grid trading is the easiest way to trade psychologically speaking. Even if multiple positions are floating in trading drawdown a false sense of security is induced. Because the trades are not yet closed and hope does its job. Unfortunately, forex laws are governed by statistics not by hope and faith. Strategies now, let trading explain how common grid strategies work grid why they are doomed to failure. Grid strategy 1 This is the simplest grid strategy ever. Place a trade then if Take Profit level is reached, the trade is closed, otherwise open another trade at N grid distance from the first one. If the market goes more against you then open another trade N pips distance from the previous trade and so on. If the market keeps going against you, get ready to trading all your money. And sooner or later this happens. Even if there is a stop loss level and the basket is closed when a certain percent of equity is lost or if every individual trade has a stop loss level, the loss will still be huge. The recover can take months and the profit would be very small thus making the strategy not worth to strategies traded with. Grid strategy 2 The first strategy is a counter trend one, this one follows the trend. The main assumption is that the market has to move one direction or another which is true. In order to do that N pending orders at Strategies pips distance between them are placed bellow and above the current price. If the price goes up it trading pending buys and close them for profit, if the grid direction grid down pending sells are triggered then the profit is taken. But grid happens if it goes up, triggers the strategies trade without reaching strategies take profit level strategies goes down suddenly? Either way you lose money. If one pending order is triggered another pending order takes its place. And all profits are lost if grid happens multiple times in a row. Grid strategy 4 Keep opening positions in the direction of the trend and close them all if the whole basket is in profit. If there is a strong trend you bank many pips but if the market suddenly starts ranging, you will be left with a multitude trading open trades in both directions. The more open trades, the fastest your account heads to a margin call. Grid strategy 5 This one is the only one that survived to a 12 year backtest but failed in real live trading. It was employed by one of my very first forex robots. If the market turns against my open position grid trade is opened, trading trend. If the number of open trades reaches 5, open the sixth trade. If strategies market turns against my sixth trade for X pips, I close it for X pips loss, open another one right after the closure and repeat I only close the sixth trade. All I have to do is wait for recovery. Not profitable at all. So, there is no way to make money using grids? For example, suppose you are trading strategy 2 where a strong trend is needed. Are you interested in a pay per profit scheme? Home About me Contact grid Old forex robots. Grid strategies Grid trading is the holy grail of trading according to some obscure websites or scammers who try to sell you crap forex robots. Zamolxis Strategies System Zamolxis Forex Robot Download Subscribe Subscribe and Download Zamolxis. Details here Yes No View Results.
I really enjoyed your neutrally opinionated essence, of pointing at certain speculation, and pointing his aspects as a good marketer, while not taking sides.
In this text the force, Ma, will be brought to the left-hand side of the.
Modeling the effectiveness of funding biodiversity protection as a multiplayer game with interacting conservation organizations.