andwen » Sun Jul 29, 2018 12:25 pm wrote:Hi tgm0
My thoughts are....let it roll. That is what most of us are looking for , the hands off approach, just my opinion.
Are you interested in providing your set file. Results are impressive so worth comparing. Can PM if prefer.
I am using Gertje setfile but a bit of a rollercoaster , hence the desire to compare....
Cheers
Hello Andwen.
The answer you are looking for is in my first post...
I am still using those set files untouched and all thanks should go to Lord Gertje for his kindness and his generosity at the time of sharing his knowledge with us mortals.
I also agree with the hands-off approach you mention and for that reason, I will never, ever add positions even if my guts say I could.
What I want to understand is if just closing positions that are in profit will favour PoS on the long run or if this may end up damaging overall profit.
Mind that when I close positions, I just close all positions related with a single pair like in the example below related to USDCHF.
2018-07-29_1.PNG
Here you can see position that opened on the 26th of June on the H4 timeframe on USDCHF.
The position went immediately into DD only to go positive again once at around the 9th of July.
Then recovery kicked in, on both the 16th and 17th of July.
DD kept growing though, as right after opening on the 17th, price spiked up again.
On the 24th then, once price retraced I took the chance and closed all H4 positions for a small profit.
Right after doing so a new pending was set right where the first trade was placed on the 26/06.
Needless to say, I am now sleeping better at night as if price will keep going up then I'll have no DD as all positions are closed, but on the other end if price will start falling (like it should as it always had followed the 6th rule so far) then the new pending will kick in, either closing for a profit straight or repeating the recovery proceed again.
Notice also that in the bunch there is a D1 position, opened on the 28/06 and manually closed as well on 20/7. Here PoS did not set a new pending, but still I sleep like a baby at night with my extra pocketed 6 euros...

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