So far neither you nor the other "good people" here have been able to show me a single solution to my problem but a lot of empty words without evidence. I'm not primarily looking for friends here, I'm looking for solutions to my problems. When I ...

Hedging/averaging trades without prediction

Stock indices always go up as long as economy grows and corporations earn more money.

Hedging/averaging trades without prediction

I think that's good. Anything in trading that outperforms buy-and-hold investing + inflation and costs is. What is being done here as hedging and averaging down doesn't quite suit my style or what I'm actually looking for, but if it's profitable and ...

Hedging/averaging trades without prediction

I think my psychology is that I look at things as emotionlessly and soberly as possible and that I am simply looking for a realistic way to be able to live from trading in the long term and, if necessary, to be able to save something for my pension. ...

Hedging/averaging trades without prediction

OK. Maybe, but I think if you want to make a living from trading for longer than maybe a few months, you should approach it a little more professionally than "it'll be okay somehow." With this attitude, you might get a salary at the end of the month ...

Hedging/averaging trades without prediction

Thanks. So the EAs are not completely random and are optimized as a result of your backtesting on the M5 timeframe. Understand. Optimization is tricky as it can easily result into curve fitting. I can recommend to always do a second backtest on some ...

Hedging/averaging trades without prediction

I have it running on an ICM demo account. So the trades are opened without any logic in terms of time, money management or direction? I've read about some experiments like this in the past where trades were entered absolutely randomly, but I don't ...

Hedging/averaging trades without prediction

EAs are running now on the same pairs and timeframe. Just can't find any parameters for determining position size/risk. On USD/JPY it has already opened a trade with 0.01 lots. I use a 10,000 euro account. Let's see, will share the results next ...

Hedging/averaging trades without prediction

So if I understand you correctly, you keep adding orders as long as the trade continues to go against you. You say "big bank, small lots" but i don't know what that means to you in percentage terms. In case of the CAC trade, can you let me know your ...

Hedging/averaging trades without prediction

Will take a look. You should consider a prop with these stats like the other user said. If you can keep the dd under -5% daily and -10% overall and still be profitable with the EAs running on a server (not even costing you time). That sounds like a ...

Hedging/averaging trades without prediction

Just noticed that it is already Thursday and the ex-div trade with the expected 1.91 points for FTSE is already over. I am getting old... I can't see a gap on the chart? Looks like if anything my 1:1 trade would have been lost. Probably another ...

Hedging/averaging trades without prediction

FTSE with a 1.91 dividend adjustment for tomorrow on IG. So far my live results on the dividend strategy are: 08/05/24 FTSE | +1R 15/05/24 FTSE | +1R 20/05/24 CAC | -1R Only 1 buy order after the Gap with a fixed 1:1 RR. Not sure about carrying the ...

Hedging/averaging trades without prediction

Are these your EAs or some commercial ones? Sorry, i haven’t followed the topic from the start. I mainly started to read because of the dividend strategy. Hedging, having multiple orders running all the time and even over multiple markets isn’t the ...

Hedging/averaging trades without prediction

Yes, I agree with you. There are a lot of charlatans. Say +2% per month at -1% risk.

Hedging/averaging trades without prediction

Have you considered a prop trading firm? I do, but without even finding one strategy that is likely to at least generate 1-2% even that isn’t any help.

Hedging/averaging trades without prediction

Yes. So that’s a complete different perspective then. You’re correct with your assumptions!

Hedging/averaging trades without prediction

And are you making a living from it?

Hedging/averaging trades without prediction

I would like to test it, but as I said, it's not that easy if you don't find sufficient data. What is the idea of adding little orders all the time to a trade that is already losing? (Trading Golden Rules: Don't Add to a Loser). Can you give an ...

Hedging/averaging trades without prediction

CAC seems to be looking for the gap at the wrong end, hehe. I haven't found any historical data from IG yet to better test the dividend strategy. There doesn't seem to be a solution with other brokers either or has anyone found? Unfortunately, the ...

Hedging/averaging trades without prediction

Apparently you don't get any tick data from IG and the historical data that you can get via the API is very limited. It's hard to believe that a broker as big as IG doesn't provide better data here. Other brokers who may provide better data all seem ...

Hedging/averaging trades without prediction