Anticipating the flight of rotten tomatoes in my direction, I will make a reservation right away, that I only post the results of trades on an experimental account and do not pretend to be an absolute truth. Only facts.
Averaging has both supporters, and fierce opponents. The first is favored by, for example, my LJ friend shlakoblock, critics, to my mind, an order of magnitude more. Months ago, we talked with one friend about trade, and was expressed (not new, in general,) thought, what if you observe iron money management, do not place stops and average over a certain number of pips, from levels, without martingale, “firing off” unprofitable positions only when they are compensated by profitable ones, you can get a high-yield trading system. It was decided to confirm the assumption experimentally. I opened a small real on forex. The trading result can be seen on the chart.
At first I traded almost haphazardly, for different currency pairs, pipsed, came in anyhow, caught daggers. The account started to sink. There were very distant feet, but they worked, and, almost simultaneously (9 September on the chart). Thereafter, miraculously, the price has returned to the starting point. I made a deposit and started trading a little more systematically – results have improved, but still, the game moment was still present, as well as a serious loss on open positions (in the moment reached 400 pips plus a few averages). The period from the beginning of November is of real interest.. In three weeks, more than 100% to the depot. How did you manage to achieve such results?? I will not say, what part of the depot you need to open a position and how much to average. Experiment yourself, if there is a desire. I will only say, less and less often, the less risky the system. General postulates. Flat, relatively slow, currency pair, with pullbacks and reversals (in my case eurodollar). Not suitable carry trade and stock market. Counter-trend entry tactics. Ie. watch 4 hours schedule and set price levels. We position ourselves short from certain levels, from certain to long, main, do not catch fast-flying candles. Actually, we catch the top (but not to hang up). Exit by take profit (usually 10-40 pips) We smoke bamboo between levels. It might be wrong, because. skip the main movement, but I am describing a specific system. If you make a mistake and the price goes further – add up after a certain number of pips, transferring the minus pose to breakeven.
PS Technical parameters. Yield 178% in less than three months. Trades 325. Positive deals 93%.
