OK DD, this is the biggest killer of this system.
Given that a large percentage of trades get triggered and hit TP without any hindrance we have scope for manoeuvrability here.
So again just throwing this out there for consideration and discussion.
Given that the killer trades are the ones where we are sat on the wrong side of 3+ grids due to the huge amount of trades required to negate this, is there a way to reduce this?
Well firstly we could move all trades to BE at +2 grids going in our favour.
Secondly and I have just done this to the EURJPY pair if you have 1 negative and the price goes in your favour you need 5 and a bit trades to negate this, price could go 4 in your favour and reverse, nightmare now you need like a gazillion trades to negate them should they go against you so how about taking a small hit at the 3rd trade.
So 1 trade goes up one grid and reverses, goes down 4 levels and SL set at the 3rd grid and closes for a small loss.
Or close at grid 2 if only grid 3 hit for a slightly larger loss.
Of course this will not totally negate DD because you could have +1 -2 +3 and so on with an ever expanding grid pattern, doesn't happen that often granted but it could do in which case just bend down and kiss your ass goodbye.. Just kidding, when this happens hopefully you would have made enough to say sod it, shut the trade down go on a nice Caribbean holiday with the rest of the money you've made, come back and start again.
