Quote:
Originally Posted by wolfe
Kayvan,
How do you suggest we manage the HUGE growing floating loss that will happen when we only close winning trades? I just don't think it is a practical idea.
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How about closing all the floating when the profit reaches for certain trade?
For Example:
0.1 lot is losing with floating -20pips
enter another trade reverse direction 0.3 and go for about 5 pips and close it. And keeping the principle like this until it recovers the - 20 pips? NOT GOOD IDEA? if you don't like the idea please go to "pipmaker" threat. The principle is the same but not martingale. Over there we have the same problem with floating losses. And the latest version of the pipmaker has Loss Management system included. So why don't you check it out! Maybe you will have some ideas. . .