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el cid · 08-01-2005, 08:05

FXWIS quote do you pyramind in our out of position? In other words aer you parabolically scaling in ( adding more and more as it goes against you with a hard money stop) or pyramiding up ( adding less and less as it goes your way?

I will give u a clue
I treat the whole system as part of a pyramid..........before I commence trading, I trade both ways long and short and neutral on the direction................80% hedged all the time........

Imagine a roulette wheel.....................everytime the wheel spins my number comes up..........I trade like a bookie .
Think the currency price fluctations are like movements on a roulette wheel.You got many numbers on the Euro/usd roulette from 0.83 to 1.365 = 53 numbers roulette.Your odds as a punter are few and heavily against you.

Parabolic scaling can be very dangerous...at times

Good luck

El Cid

08-01-2005, 08:05	#14
el cid level 3 Join Date: Feb 2004 Posts: 172 Downloads: 0 Uploads: 0 Rep Power: 0	FXWIS quote do you pyramind in our out of position? In other words aer you parabolically scaling in ( adding more and more as it goes against you with a hard money stop) or pyramiding up ( adding less and less as it goes your way? I will give u a clue I treat the whole system as part of a pyramid..........before I commence trading, I trade both ways long and short and neutral on the direction................80% hedged all the time........ Imagine a roulette wheel.....................everytime the wheel spins my number comes up..........I trade like a bookie . Think the currency price fluctations are like movements on a roulette wheel.You got many numbers on the Euro/usd roulette from 0.83 to 1.365 = 53 numbers roulette.Your odds as a punter are few and heavily against you. Parabolic scaling can be very dangerous...at times Good luck El Cid Last edited by el cid : 08-01-2005 at 08:13.