Filed Under (Passing Thoughts) by Casey on 20-07-2009

With my thoughts still on reverse scalping, I was thinking why can’t Martingale be used to ‘hedge’ a draw up?

I mean if for example, an EA like Don Steinitz who does not have a stop loss and take small profits but keep the rest of the trades floating at a loss or drawdown…

Why not create an EA in such a way that, it takes small losses and not put an take profit level so that one can accumulate a draw up rather than a draw down?

At times, I think that is what NFA’s new regulation might sound like, if an EA were to be created in that manner …. don’t you think??

Maybe… just maybe…

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