HomeDaily ResultsMegadroid Results: Mon 26th Nov 2012


Megadroid Results: Mon 26th Nov 2012 — 3 Comments

  1. The new averaging feature seems to be working well, especially on my MB trading account for some reason.

    But it’s important to realise that we’re probably doubling the risk by adding another position. So to maintain the same dollar risk I should probably reduce the trade size by half.

    The real advantage of this averaging method, is that the trade duration will reduce if the trade goes against the first trade, because the average entry price will be closer to the break-even price. Reducing the trade duration reduces the risk from an unforeseen news event.

    Will be interesting to see how this performs over the next few months.

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