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Scalping New York
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Author:  telaso [ Sun Oct 09, 2022 12:03 am ]
Post subject:  Scalping New York

SteveHopwood » Wed Oct 05, 2022 12:46 am wrote:
Barcode » Mon Oct 03, 2022 11:50 pm wrote:I'm still interested and still running tests but I think it's a lost cause unless we get a stop loss.
It is the work of seconds to add a stop loss if you really want one. Our experience in over a decade of basket trading is this: basket stop losses are hit far more often than they allow the markets to move in our favour.

Let ne out it more directly, They are a 100% guarantee of losing.

Doesn't mean I will not add the feature if you really are daft enough to ignore the received wisdom of many traders acquired over more than a decade. It will just make you look silly in the eyes of the rest of us. Sing out if you are still idiotic enough to ask me to add it. I will do so without further teasing.

Truth to tell, I had forgotten about the bot until telaso posted about it. One of the advantages of using Eaymon's vps is that I can leave a demo running without worrying about computer resources.

Following reading telaso's post I visited the demo. It has lost c.35% of its starting value.

Doesn't look like a goer to me.

:xm: :rocket:
IMHO it is good to add SL at least 4:1. I mean if I hunt 100 USD, SL to be 400 USD. This is from my demo account experience. Because this bot makes money 80% of runs but lose all in one round. And lose more than twice that it wins....
Author:  SteveHopwood [ Sun Oct 09, 2022 1:03 pm ]
Post subject:  Scalping New York

telaso » Sun Oct 09, 2022 12:03 am wrote: IMHO it is good to add SL at least 4:1. I mean if I hunt 100 USD, SL to be 400 USD. This is from my demo account experience. Because this bot makes money 80% of runs but lose all in one round. And lose more than twice that it wins....
Done. V 1e in post 1. Details in "Edit 9th Sept 2022", just above the demo account details.

:xm: :rocket:
Author:  telaso [ Sun Oct 09, 2022 1:16 pm ]
Post subject:  Scalping New York

Great!
Thanks Steve!
Let's see what can we do with this new setting...
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