You didn't post a topic yet. Let us show you how to make your first topic and upload your favorite forex robot. Guide me

Skip to forum content

 

The latest topics with attached files (Forex robots, Forex Indicators, etc..)

Forums in this category with details of Replies, Views, last post

SoeHoeCom_theofx

by Abu Bakar Siddique

INFINITY FOREX ROBOT

by sadiq.ike63

MASTER_MACD updated

by s.stefanoiu

EA Blessing

by dogsilva

 This week most visited topic!  UPDATE: This robot now makes huge money! $24,512 profit in 10 days!  https://mt4talk.com/viewtopic.php?id=22128

 


[ Closed ]

Log-In or Register to get unlimited download access of Forex Robots!

Login with Facebook!

Login with Facebook

Login with Username and Password!

     Username:       Password:  Login

Register  |  Forgot Password?

 

Pages 1

You must login or register to post a reply

RSS

Posts: 1
Please rate this topic
Current rating: 0
Votes: 0

Embed topic to your site

What are the lessons derived from this example?

Topic: What are the lessons derived from this example?

First, the correspondence between technical values and actual prices is weak. And as we stated in the beginning, it’s not possible to base our trade timing on a price and an indicator at the same time. Second, technical indicators have a tendency to surprise, and how much a trader relies on them will depend on both his risk tolerance and trading preferences. Lastly, technical divergences, while useful as indicators, can also be dangerous when they occur at the time when we are willing to realize a profit.So what is the use of technical analysis in timing our trades? Most importantly, how are we going to ensure that we don’t suffer great losses when divergences on the indicators appear and invalidate our strategy, and blur our power of foresight?The potential of the divergence/convergence phenomenon for creating entry points has been examined extensively by the trader community, but its tendency to complicate the exit point has not received much attention. But it is just one of the many aspects of trade timing that is complicated by the unexpected inconsistencies which appear between price and everything else. So if we had the choice, we would prefer to exclude price from all the calculations made in order to reduce the degree of uncertainty and chaos from our trades. Unfortunately that is not possible, as price is the only determinant of profit and loss in our trades.In trade timing, the trader has to take some risk. The best way of taking the risk and avoiding excessive losses is using a layered defense line, so to speak, against market fluctuations and adverse movements and we discussed how to do this in our article on stop loss orders. The best way of taking the risk and maximizing our profits is the subject of entry timing, and the best way of doing so is using an attack line that is also layered. What do we mean by that?In ancient warfare, it was well-understood that the commander must keep some of his forces fresh and uncommitted to exploit the opportunities and crises that arise during the course of a battle. For instance, if the commander had run out of cavalry reserves when the enemy launched a major charge against one of his flanks, he might have found himself in an extremely unpleasant situation. Similarly, if he had no rested and ready troops to mount a charge at the time his opponent demonstrated signs of exhaustion, a major opportunity would have been lost.The layered attack technique of the trader aims to utilize the same principle with the purpose of not running out of capital at the crucial moment. In essence we want to make sure that we commit our assets (that is our capital) in a layered, ****ual manner for the dual purpose of eliminating the problems caused by faulty timing, and also outlasting the periods associated with greatest volatility. By opening a position with only a small portion of our capital, we ensure that the initial risk taken is small. By adding to it ****ually, we make sure that our rising profits are riding a trend that has the potential to last long. Finally, by committing our capital when the trend shows signs of weakness, we build up our own confidence, while controlling our risk properly by placing our stop-loss orders on a price level that may bring profits instead of losses.To sum it up, the golden rule of trade timing is to keep it small, and to avoid timing by entering a position ****ually. Since it is not possible to know anything about the markets with certainty, we will seek to have our scenario confirmed by market action through ****ual, small positions that are built up in time. This scheme will eliminate the complicated issues associated with trade timing, while allowing us great comfort while entering and exiting trades.

Share

Posts: 1

Pages 1

You must login or register to post a reply

FBS - Leverage 1:3000

Hot Topics

  • ASSAR v8 (1042)
  • Scalper_v5 (free) (720)
  • A highly profitable Ea (465)
  • FX Magic Robot - Verified Live Working 3/13/17 (458)
  • 2000 pips daily (451)
  • ASSAR V9 (Trend Breakout Edition) 2017 Expert Advisor (417)
  • spartan bolt V6 (414)
  • Assar_03_EA (391)
  • ASSARV11 [EXCLUSIVE] ACTIVE MEMBERS ONLY! (274)
  • Forex Earth Robot (249)
  • Trade-Arbitrage EA (248)
  • xmt scalper (227)
  • Forex Math EA free for Mt4 (180)
  • Super Signal Scalping Profit Statement (178)
  • Rabbit3 £100 start Zero to Hero Updated EA (167)
  • Fracture 7.4.0 (156)
  • high profit EA (151)
  • SCALPER PALING JOSS EA is a Holy Grail (150)
  • New to forex? (148)
  • Ilan Expert Advisor for Metatrader 4 (136)
  • EA SmartAssTrade. (133)
  • Monster Profit Forex Robot (123)
  • WayGrow EA 1.7 (111)
  • scalperstarkpro downoad free (price 90 dollars) (92)
  • FX Magic Robot (91)
  • IceFX TraderAgent Pro EA v2.5.1 (86)
  • Profitable GBPJPY EA (true results) (85)
  • Unbelievable EA (83)
  • Hedge Expert Advisor (63)
  • 100 pips profits trading (63)
  • Good EA 2017. Free !!! (63)
  • Magic Fx Formula indicator-V2 (61)
  • Best Indicator That No Repaint!!! (61)
  • BAR EA V5.1 (60)
  • hello (60)
  • Last Posts

  • 22/05: 10K $ to 750 Million $ in 10 Year 69% Win. Should I put this EA Live ?
  • 22/05: ForWin2018 - MQ4 file (expert advisor)
  • 22/05: ACTIVE ROBOT FOR DAILY PIPS
  • 22/05: Fractal ZigZag EA
  • 22/05: Artificial Intelligence Expert Advisor
  • 22/05: EA Blessing
  • 22/05: To enter the market.
  • 22/05: SoeHoeCom_theofx
  • 22/05: INFINITY FOREX ROBOT
  • 21/05: Really Profitable EA 50-100% monthly
  • 21/05: what is your preferred strategy?
  • 21/05: How to select good brokers?
  • 21/05: forex thunerbolt indicator
  • 21/05: Sentiment MT4 Indicator for forex
  • 21/05: Best forex robot sihle
  • 21/05: Top 5 Forex Robots For Free?
  • 21/05: Scalper
  • 20/05: Low risk strategy works in real account.
  • 20/05: MASTER_MACD updated
  • 20/05: Best MACD Indicator
  • 20/05: ichimoku indicator
  • 20/05: To the traders.
  • 19/05: UBAT 1.51
  • 19/05: Yellow Free EA
  • 19/05: General Trading Knowledge.
  • 19/05: Make 34,000% profit with active EA Robot
  • 19/05: Sure hedging EA
  • 19/05: Best Price action indicator
  • 19/05: EA - Budak Ubat v1.51
  • 18/05: M1 - XX PM1 EA tested working on Demo
  • 18/05: M1 XXPM EA
  • 18/05: Dont rush too much
  • 18/05: Trading decision after analysis
  • 18/05: TestingEA1 - MQ4 file (expert advisor)
  • 18/05: rentable EA funciona en cuenta real

  • NOTE: Hacked or other illegal versions of copyrighted forex robots are highly prohibited on MT4talk.com. If you upload any illegal version of any copyrighted forex robot, your forum account will be banned. No exceptions.

     


    Copyright MT4talk.com Forum Rules - Privacy Policy.