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Old 03-25-2009, 12:43 AM
pegasus200 pegasus200 is offline
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Internetgrandmaster,

In your DOC file, are the lot size for standard (100k) or mini account (10k) ?

On a 15 min chart, you have about 4 to 5 trades a day (every time the SAR changes side) for buy and/or sell. Having a 20pip TP per trade could lead to about 1-1.5% return per day. Compounding these numbers to 20 days of trading leads to 34% return per month. If it is a mini account, then it's not worth it...

By the way, your money management stratgy can be used in any trading system. What you do in essence is try to take back a loss (or the sum of your losses) on the next trade. It is not pure martingale but close to it. If you have a good win/loss ratio, you can win with this strategy. Otherwise you will drown...
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