#### munchiedude

##### Well-known member

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just been thinking about a trading strategy which im sure would not work but i cant figure it out and was wondering if anyone here could provide some input?

im making an assumption here and that is that MT4 allows traders to simultaneously place a buy and sell order with a trailing stop for both automatically set(is this actually possible?)

the strategy would be:

place a buy and a sell order simultaneously, with a 1 pip trailing stop loss.

if pair goes long, the short gets stopped and vice versa.

assuming broker spread is 2 pips, the losing trade would cost 3 pips (1 pip stop out+2 pip spread)

if the winning trade moves in the same direction > 5 pips, then if would be a profitable trade right?!

obviously, with such a ridiculously tight stop loss, u would expect to get whipsawed quite a lot but if there is one big move(such a news announcements) in one direction, wouldnt it make up for the times u get whipsawed?

i know this wouldnt work but i cant figure out why?

can anyone help me with this question and the question regarding simultaneous orders with trailing stops on MT4?

this is confusing me, but i am a noob so please dont flame

thanks in advance.

assuming the winning trade moves in same direction