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Feedback on strategy
TS
KireLay
Feedback on strategy
I found this weird strategy. The creator said that I will never have a losing day if the strategy apply correctly (but I found out later it is a floating loss, but somehow the loss could disappear in the later days).
The idea is to follow the trend with grid position. So buy when price went up and sell when price went down. After certain pips profit, close the position and open again at the same spot.
If you notice, you will have a floating loss position with one upper buy position and one lower sell position.
But as long as the price moving within this up-down position, you will reap the profit with grid.
Eventually the profit will overcome the floating loss position and that's when you close all position with some margin.
So, no indicator, no timing, and definitely no stop loss.
So I need some feedback, is this strategy working?
The idea is to follow the trend with grid position. So buy when price went up and sell when price went down. After certain pips profit, close the position and open again at the same spot.
If you notice, you will have a floating loss position with one upper buy position and one lower sell position.
But as long as the price moving within this up-down position, you will reap the profit with grid.
Eventually the profit will overcome the floating loss position and that's when you close all position with some margin.
So, no indicator, no timing, and definitely no stop loss.
So I need some feedback, is this strategy working?
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