Hello fellow traders
Happy Christmas to you all. I hope God bless you and your loved ones.
I like to mention a trading idea I now adays play around with. It is all about trading many trading instruments at the same time in the grid method plus a little martingale. It is simply you find 25-35 trading instrument in your broker with little spred and commission as possible and then trade them together, with a very small lot size so if you had traded the instrument alone it will have giving you thousands of pips before you loos your account, but because you have 30 trading instrument you will get a high posibility of profiting somehow acceptable profits with acceptable drawdown. You keep take profit of the trades that go in your direction and keep the loossing positions open so when the market pull back and you get positive in your equity, you close all and start the cycle again.
And of course you not just keep opening trading position while the market go against you. You just open four or five position for every instrument, so if 5 or 10 instruments go in the dead zone you have the other that will keep add to your account.
So it will sounds as follows in a 10000 account:
gbpusd 0.01 in the first position with a tp 60, and a grid step 60, so the next trade opens after 60 pips also 0.01 because your martingale multiplyer is 1.5. the third level will of course be 0.03 and the fourth is 0.05 and the fifth is 0.08.
Thats it. after 240 pips no longer gbpusd levels. Either the market come back with you or you just stay there collecting drawdown for this pair.
Well all the others is the same. But because we know that not all pairs behave the same in same time I hope that the other will keep adding profits to the account so I can in a week or two be able to close on acceptable profit so the cycle can begin again.
So no stop loss, and no averiging trades. Every trade take the user-defined tp. So for gbp pairs you put a bigger tp with bigger grid steps because we know such pairs have big market movements. And for pairs like eurchf or nzdusd or nzdchf a smaller tp targets and grid steps because we know these have not so big market movements.
So what is your thoughts about such an trading idea? Will I be able to make a trading strategy with it, or will I be kicked out of the market as quickly as I step in? LOL
As you can see I just play with numbers and trading mathemathically without any mention of indicators or technical analysis since all these require eyes and I am blind just using screen readers to operate my pc and phone and mt4. And yes I know as a blind this trading world is not for me, as you know to try without loosing real money is harmless. So I like to know your thoughts so I can find out if I have even a chance or all this time wasting.
Happy new year to you all
Happy Christmas to you all. I hope God bless you and your loved ones.
I like to mention a trading idea I now adays play around with. It is all about trading many trading instruments at the same time in the grid method plus a little martingale. It is simply you find 25-35 trading instrument in your broker with little spred and commission as possible and then trade them together, with a very small lot size so if you had traded the instrument alone it will have giving you thousands of pips before you loos your account, but because you have 30 trading instrument you will get a high posibility of profiting somehow acceptable profits with acceptable drawdown. You keep take profit of the trades that go in your direction and keep the loossing positions open so when the market pull back and you get positive in your equity, you close all and start the cycle again.
And of course you not just keep opening trading position while the market go against you. You just open four or five position for every instrument, so if 5 or 10 instruments go in the dead zone you have the other that will keep add to your account.
So it will sounds as follows in a 10000 account:
gbpusd 0.01 in the first position with a tp 60, and a grid step 60, so the next trade opens after 60 pips also 0.01 because your martingale multiplyer is 1.5. the third level will of course be 0.03 and the fourth is 0.05 and the fifth is 0.08.
Thats it. after 240 pips no longer gbpusd levels. Either the market come back with you or you just stay there collecting drawdown for this pair.
Well all the others is the same. But because we know that not all pairs behave the same in same time I hope that the other will keep adding profits to the account so I can in a week or two be able to close on acceptable profit so the cycle can begin again.
So no stop loss, and no averiging trades. Every trade take the user-defined tp. So for gbp pairs you put a bigger tp with bigger grid steps because we know such pairs have big market movements. And for pairs like eurchf or nzdusd or nzdchf a smaller tp targets and grid steps because we know these have not so big market movements.
So what is your thoughts about such an trading idea? Will I be able to make a trading strategy with it, or will I be kicked out of the market as quickly as I step in? LOL
As you can see I just play with numbers and trading mathemathically without any mention of indicators or technical analysis since all these require eyes and I am blind just using screen readers to operate my pc and phone and mt4. And yes I know as a blind this trading world is not for me, as you know to try without loosing real money is harmless. So I like to know your thoughts so I can find out if I have even a chance or all this time wasting.
Happy new year to you all