Please keep that word in fat letters as far away from me as possible! :eek: We want to win permanently, don’t we?
You can tear apart every trade into several conditions:
To make it short. To make it short again: If you have a bad entry (less than 50:50), you lose just by that over statistics, as the time and entry works against you. The odds come around. What you do later (running, exit) is sort of another case. I for my own don’t start if I can’t see a better entry than 50:50. I am the winner, am I?
If I start a trip with my plane or car, I look for the entry. If my check shows the car is running with 1 cylinder I take the bus. If my plane check shows me that there is a flat tire, I take the car or the bus or stay at home. Some people start anyways and the outcome is written in stone, pardon, newspapers.
[U]Can you just agree that an entry of 50:50 or worse does not gain money in itself or gives you any chance?[/U] Then you could also let 12 monkeys (borrow this from nev of another well known thread and hope it is not copy protected, lol) play your entry in the trade.
You want to have something better as entry. Here some sort of technical and fundamental mix up comes into account. If you can deliver a better than 50:50 technical entry to me, you become the man of the world to me! Superman and Batman together! Oh, I forgot Spiderman. Sorry! But right now nobody in this sort of gambler club gave me proof of a technical entry like that. Got me? Plus take into account, I am juggling a bit around with the words. Don’t take it to your heart.
This all is, however, off topic here. You can do anything with a machine, if it comes to numbers. Mql4 also allows sort of fundamental signal take into account, as it could analyze other web pages or whatever. Though, then it is not the rare technical signal anymore. For all the other stuff about machine versus 2 leg life formation, look above.
Thanks and a good day to all!