NFA bans locking from 15 May 2009 - page 32
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Open on either border inside the channel and wait for nothing?
That's a different strategy.
Why do you need an example, all anti-lockers claim that any lock schemes are just as likely to execute with stops, the opposite is also true.
Take any of them. Once a respected trader said: "There is no difference - it's just more obvious. It really helps when you have a couple of hours left for the FOREX. Especially there is no great effect on the Ameriabased news, which breaks the picture created in the morning, or even just doubts the indicator readings.
There is not a single publication which attributes less than 50% success to psychology. If LOC returns psychological equilibrium, at a cost equal to just Delta Swap. Isn't 50% success worth the cost. There is no need to put the beginner and the trader, whose psyche is crusted over like a bark, on the same level. Drained deposits are not an indicator of the right path to success. The simple locher less often opens a position, watches it for weeks and studies at the same time, so he does not lose deposits in three days. This is the type of people who study on their own, without burdening others with screams. They are the type of people who learn on their own without burdening others with shouting. Much easier the one-step contingent - SL and first; SL and ... .
This is a different strategy.
And it is better than the one you suggested. Although, it's very similar in meaning.
And it is better than the one you suggested. Although, it is very similar in meaning.
So why generalize. Better, worse is subjective. It is not a fact that your subject = truth is final.
FION 24.05.2009 15:00
Well it's simple. Define the channel. Inside the channel, open the lock. At any border, we close the profitable position and wait for the equity to exceed the balance.
It is hardly worth it to stay in the channel. An hour before the Euro from the middle of the channel (if possible), we go in the direction of the daily trend. It is good. Turned around triggered a lock under/over the channel. And we go for a beer. Tomorrow there will be another channel, from the middle again, we go to the "Trend" breaking the lock. If you want, you can also learn the matchbook for 3 years, if you really want to.
So why generalise. Better, Worse is subjective. There is no fact that your subject = truth is final.
It is unlikely to stay in the channel. An hour before Europe from the middle of the channel (if possible) we will get into the side of the daily trend. Populated well. Turned around triggered a lock under/over the channel. And we go for a beer. Tomorrow there will be another channel, from the middle again, we go to the "Trend" breaking the lock. If you want, you may study the math for 3 years, if you really want to.
In this case, what is "study material"? A special ability to turn off logic, based on a lack of mathematical knowledge?
What prohibits you from simply closing and drinking a beer to go back into the trend the next day, without looking at the price?
This is not a generalisation. You can mathematically prove that it is better. We are not considering the option of channel breaking. So, in a perfect channel, it's mathematically better to open from the channel wall to the opposite one, without any locks.
It is better on spread and swaps, otherwise it is exactly the same. No better and no worse. Without any perfect cases, with or without a channel breakdown. Exactly the same. I.e. once again we see that there are no locking strategies.
There is not a single publication which attributes less than 50% of success to psychology. If LOC returns psychological equilibrium, at a cost equal to just Delta Swap. Isn't 50% success worth the cost. There is no need to put the beginner and the trader, whose psyche is crusted over like a bark, on the same level. Drained deposits are not an indicator of the right path to success. The simple locher less often opens a position, watches it for weeks and studies at the same time, so he does not lose deposits in three days. This is the type of people who study on their own, without burdening others with screams. They are the type of people who learn on their own without burdening others with shouting. Much easier the one-step contingent - SL and first; SL and ... .
Funny. Here are plenty of publications that ignore the psychology of the Article - https://www.mql5.com/ru/articles/mt4/
We are talking about MTS - mechanical trading strategies. They have no room for a trader's psychological equilibrium. Do you want to learn? Don't open a trade at all, it's cheaper than grazing a lock.
Or maybe you like to take the sixth point, closing the profitable part of the lock and not paying attention to equity. Lock is indispensable here, it has the psychological balance, and it's good for your health, as they say. Prohibiting locks is an obvious strike against the sixth point.
You have already asked for examples and they were already in this thread. There's something wrong with your memory... I need to fix it...
I keep asking for an example of a locking strategy, there hasn't been one in this thread. There was a list of positives from using locs, but no strategy. And there couldn't have been, as it's impossible. In short: look for fools in the mirror.
I'm a beginner, of course, but I'll join timbo and others.
My opinion: lock is used out of desperation. Or from a lack of ideas. I don't see any other use for lock.
My attitude: banned - and the hell with it. We must learn to live without it. What is there to argue about? The arguments are stuck in my teeth: all the DCs are "kitchens", the market is a casino, all the women are ..., the sun is ...
>>>I keep asking for an example of a locking strategy, they haven't been in this thread.
---
roughly the following - (in short) - uses martini and lock...
Looking at the last 2-3 days swing of movement --> average / 2 = this will be the step size... lots 1-1-2-4Lock - open both ways....
- close all positions by Friday
- it is desirable to block and wait for 2 hours before the "important news
- work with pending orders - 24 hours a day - 5 days a week
- for EUR/USD step size from 12 to 34 pips on average
---
if the market is calm, the two-armed Martinis will kick in, if there is an impulse, one of the hands will break even and the other will continue to give +...
(close the lock ---
1 - the second hand with its +++ will return the whole or most of the position
2 - if the second hand has entered the lock... Assess the situation - because of what - and in a few hours we expose the next series
3 - rarer - unwind the lock hands 2 ways:
inside the lock - if price returns to the "lock channel" - in the middle of the channel put 2 lots in the direction of the main transactions (eg 1-1-2 (Buy) 4 (Sell) - put 2 Buy,
in the middle of the lower half of the channel - place a SL at 2Buy and 4Sell - TP on the boundaries of a lock
on the outside of a lock - usually several hours (days) after the lock (if the next series lock is not broken :-) ) - here + side to close on parabolic - to protect the side set lots higher than the parabolic by 15 pips... Trailing protection at 15 min after the parabolic - if price went more than 20-40 pips then close the loss... In general - 0 or with a small loss....
===
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