Quote:
Originally Posted by Cijas
I do the contrary of you.
I take big Nexttrade (now i choose 150 pips) to avoid too much up and down (cause i know the biggest danger of this EA is when it is doing up and down without a really strong trend --> you risk the marging call.
But of course i choose also the most volatile paris GBPJPY which i know very well cause i used it in live trading with such EAs like 10 points3, Avalanche, blessingMartingale,Makegrid.
With the others EAs i finally loose almost all my account because of the volatility of the pair --> now i want to use the volatily of the pair to earn money.
But anyway i will try (demo test this time) your kind of settings of less volatile pairs).
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Although I haven't tried your approach, I think a number of different approaches will work.
The biggest risk in a grid trader is getting caught in an expanding wedge formation. I think the best defense is small lots, no lot incrementing, and a small TP.