Quote:
Originally Posted by jefe
I see your using a sl of 600.
I 've had really good luck this past week with an sl of 360. I also noticed yours doubled up hedges on retracement-- just like mine  I suspect this week of trading will be similar to last week with NFP on Friday...
And it's good to see that I'm not the only one with conservative settings 
|
The doubling was just blind luck. MT4 re-started because Windows XP dd one of it's world famous freeze-ups and SG opened a second hedge when MT4 came back on line.
What makes me nervous though, is that SG is trading double lots on the hedges. If the trend goes with the original trade, the hedge could turn into a nasty loss. Of course, Xchaparro may have some kind of adjustment written into the code if that happens, I don't understand everything he has written about how it works by any means.
Meanwhile, for this week I have cut everything in half, SL 300, initial stop of 150 and margin of 75.