Thread: Scalping system
View Single Post
  #29 (permalink)  
Old 09-25-2007, 04:15 AM
Archimedes Archimedes is offline
Member
 
Join Date: Jun 2007
Posts: 66
Archimedes is on a distinguished road
Well done

Quote:
Originally Posted by nix View Post
ZMAX, this is the backtest on EURUSD 1H from June 2007 (just following the indicator) - stop and reverse method without any additional filters. No SL no TP.
It's interesting stuff Nix, thanks for sharing.
You should probably discard stop and reverse, it's usually a spiral of doom scenario. Accepting the fact the trade is a loser for whatever reason is a better way to go.
Examining your entries tell me that it's most likely a good management plan afterward with entry protection and trailing etc would make this quite profitable.

Regards

Archer
Reply With Quote