Both buy and sell positions losing?

See for yourselves… EURUSD (1min Chart) over 50 mins

Time: GMT +11 (UK 12.30amish 19-01) 90 mins after the psycho babble in the posts above…

Step: 2.5pip pos. for speed (Normally 5 - 7pips depending on volatility) Larger lots, larger step.

Lot Size: 0.01 lots, $0.10 Commission (Normally 0.2 up to 1 depending on volatility)

Margin: Max margin used ~$18.00 - 6 positions open at same time. (Max Drawdown $11.00)

13 wins / 1 Loss (Closed All) and can be done at will…

34.9pips - 4.1pips = 30.8pips… I’m sure, checked it with a calculator and got the same answer…

The pair moved up 21 pips and back down 21 pips, a total of 42pips and this system garnished ~35 of those pips…

No stops being hit to erode your account, even your losses are “hedged” and it requires no Indicators, Crystal Balls, Crucifixes or Holy Water…

The algorithmic nature of price action (constant up and down of the market) plays into this strategy, hence the Brokers hate it getting out there…

2 Likes

Yes you technically could be losing on both. If you put in a buy and sell order different prices. I.e. if you bought at say 1.20000 and sold at at 1.19800 you would have in the center of those two prices a loss for both trades just for a little bit until one of you trades passes your other buy or sell trade eventually.