
12-01-2008, 08:44 AM
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Senior Member
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Join Date: Aug 2006
Location: London
Posts: 560
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Quote:
Originally Posted by Kenny Rogers
Beno,
This EA is actually a very good exercise to becoming a good trader. Because if you really believe in that the market is random, then random entry should not matter. And I do believe many times, the market is very random, just not 100%. But majority of the times, it is.
And I also believe that you can have an EA, and you trade it both way. So you buy and sell at the same time, you can still be profitable on both the long and sells. The secret is money management or trade&risk management. Personally, I subscribe to the trade&risk management over money management. It's basically the same thing just different approach.
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I'm with you money and trade managment are similar but trade managment is the most important imho ie your exit. I would like to see this with a hedge. it might be fun
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