How many strategies does one person need? And how many currencies is enough?
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,487 Posts
MT4/MT5 EAs/Indicators/Alerts coder
How many strategies are u using and how many pairs do u trade? 0 replies
How Many Millions does one need for no leverage. 12 replies
How many parameters are too many? 0 replies
how many of you applied forex strategies to betting exchanges? 5 replies
How many pairs is considered too many? 8 replies
DislikedYou're asking the wrong questions ... 1 strategy on 1 pair making 1 pip per day is enough to be profitable ...Ignored
DislikedHow many strategies does one person need? And how many currencies is enough?Ignored
DislikedYou're asking the wrong questions ... 1 strategy on 1 pair making 1 pip per day is enough to be profitable ...Ignored
DislikedHow many strategies does one person need? And how many currencies is enough?Ignored
Disliked{quote} Diversification (in systems or instruments or timeframes) are methods to manage the equity curve as opposed to being a performance solution in itself. For example, on a single system in periods of drawdown it ties down your capital and prevents you from taking other opportunities that may arise in other instruments/timeframes or systems. With a diversified approach, the principle of offset is applied to 'iron out the kinks in the equity curve' and plug the holes created by risk exposure using unrealised profits thereby releasing more available...Ignored
Disliked{quote} One - if it really presents enough trading opportunities (there are some brilliant systems that trade only three or four times a year, but I wouldn't fancy trying to make a living from them). None of mine does present enough trading opportunities, so I need five to cover my everyday bread and butter and the occasional jar of caviare (three of the five are fairly closely related, and the fourth not entirely unrelated: only one's "very different" and based on entirely different principles, and that one's the easiest of the lot to trade, because...Ignored
DislikedI find your posts interesting, Xela. May I ask how long you have been trading profitably for, and what is your average monthly return?Ignored
Disliked{quote} With apologies (and I do appreciate this might sound a little bit "churlish", in its context ) I never mention income-figures online, but I've now been steadily making what most people would consider a "good, full-time income" (in the UK) from it for just over two and a half years, and was making "more than half of one" for a couple of years before that, too. Someone in my immediate family does this professionally (and has done since before I was born), and I started off learning about it when I was 14/15, and then had 3-4 years...Ignored
DislikedHow many strategies does one person need? And how many currencies is enough?Ignored