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Old 07-07-2007, 03:55 AM
mikejody mikejody is offline
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Simplified Rules

Vtam, I have attempted to simplify the rules, and to apply them to a 5K account. Can you see if this is all correct?

$5,000.00 starting account

Buy EURJPY Buy AUDJPY
Sell EURUSD Sell EURAUD
Buy USDCHF Buy NZDUSD
Sell EURGBP Buy USDCAD
Buy GBPCHF Buy EURCHF
Sell AUDUSD Buy GBPUSD
Sell CHFJPY

.10 initial lot sizes for 5,000.00 mini account size
When equity = minus $50.00 add .20 to every pair
When equity = plus $50.00 from last high, exit the extra lots only (keep initial lots on)
If after adding .20 to every pair (basket having dropped $50.00), do not double again until basket is minus $150.00. Then add .40

Where would we add .80, and so on? After how much loss on the basket?

Is this all correct?

Finally, how has your other trade version of this done, in comparison to the above pairs? The one that is more "market neutral"?

Thank you again. I'm going to open this trade on Monday.
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