Your opinion on such profits ?

[SaulGoodman]

Your opinion on such profits ?
Deposit 10,000
Stop 55 pips
T - 110 pip
Treyling- 13
the euro / dollar
Shopping lot- 10 % of the deposit
A lot or a little? Is this a big risk?

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[tomorton]

Not sure the situation is clear yet.

If your deposit means your account and this is £10,000, how many £ per pip?

If £1 per pip and you are risking only 55 pips, that is only 0.55% potential loss if your stop is hit. This is very low risk. However, your gain will also be very small if you win so not sure the trade is worthwhile. £3 or £4 per pip would be better balanced.

Also, your target is exactly 2 x your stop. If your entry is based on TA, and your stop is based on TA, it looks like you have based your target on how much profit you want the market to give you - you can't decide this, it should preferably also be based on TA.

What does shopping lot mean?

 

[SaulGoodman]

Not sure the situation is clear yet.

If your deposit means your account and this is £10,000, how many £ per pip?

If £1 per pip and you are risking only 55 pips, that is only 0.55% potential loss if your stop is hit. This is very low risk. However, your gain will also be very small if you win so not sure the trade is worthwhile. £3 or £4 per pip would be better balanced.

Also, your target is exactly 2 x your stop. If your entry is based on TA, and your stop is based on TA, it looks like you have based your target on how much profit you want the market to give you - you can't decide this, it should preferably also be based on TA.

What does shopping lot mean?

hello,
Look parameters for this chart:
For example: Start deposit 10,000 USD
MoneyManagement = Trading lots can be, from 2 to 30% of the deposit.
All parameters can be changed
Stop: from 50 to 100 pip
Take profit: from 50 to 300 pip.
Trailing Stop: may be any of 5 pips or more.
Trading positions are opened only 4 days a week from Tuesday - Friday.
But: this trading fully automatic.
what you thing about it?

 

[alexaherself]

MoneyManagement = Trading lots can be, from 2 to 30% of the deposit.

This doesn't tell people what we need to know, to try to advise you, Saul.

As Tom asked, just above: "how many £/$ per pip?". What proportion of your account are you exposing to risk on any individual trade?

But: this trading fully automatic.

That fills me with doubts and suspicions.

what you thing about it?

Sorry - I know it's an unhelpful comment, but you really haven't given enough information for anyone (who knows what they're talking about) to express an opinion. I don't really understand what you're asking about. :|

How clearly do you understand "position-sizing"?

Have you already tested and proven your strategy on a demo account, to a statistically significant degree, under exactly the same circumstances (including the "automation", and the dealing costs) as the live conditions under which you're proposing to trade it?

 

[gerryg]

hello,
Look parameters for this chart:
For example: Start deposit 10,000 USD
MoneyManagement = Trading lots can be, from 2 to 30% of the deposit.
All parameters can be changed
Stop: from 50 to 100 pip
Take profit: from 50 to 300 pip.
Trailing Stop: may be any of 5 pips or more.
Trading positions are opened only 4 days a week from Tuesday - Friday.
But: this trading fully automatic.
what you thing about it?

Whats the asset your going to trade? Looks good for futures or stock market, not sure about Fx. But for medium-term trading it should work

 

[Abeer Saba]

one question in my mind, whats your strategy in trading regards the risk per position ?

 

[Charles Bronson]

The problem with setting such numerical targets is that you have an expectation and you expect it to be met. This will alter your style of trading. what will you do if the market is not ready to give you 110 pips target? Will you just settle with being taken out at the 13 pips trailing stop? Or the 55 pips stop loss?

 

[SaulGoodman]

Thanks for Your comments.
Trading risk here: I can trade with fix lot's from 0.05 to 100 or percent from deposit from 1 to 30%.
1USD per 1 pip.
I would like use this robot for my deposit 10000USD.
because, this strategy have a automatic trading 4 day on week.
Always, in trading used Stop , TakeProfit and trailing Stop.