Forex Zone - Forex Forum

Trading Without Looking at Charts (Trading Without Thinking) in Trading Systems_67f83ac065b44

Trading Without Looking at Charts (Trading Without Thinking)

Discussion started on Trading Systems

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
current condition floating minus enlarged again to minus $ 46. So this system has not shown good performance again after the first month first. We'll see how it ends
#16 - October 29, 2020, 01:14:18 AM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
The current position, floating minus is at $ 30. And the total profit earned is still in the $ 90 figure that has not increased and the account position is still safe even though it has been floating minus this time for quite a long time
#17 - November 10, 2020, 11:00:20 PM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
Currently the account is experiencing an ongoing profit of $ 0.28. And so far the total profit made is $ 123. Yesterday there was a floating event that took so long that it took quite a while
#18 - December 15, 2020, 10:28:45 PM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
Currently the account is experiencing an ongoing profit of $ 0.28. And so far the total profit made is $ 123. Yesterday there was a floating event that took so long that it took quite a while
The account position is currently floating minus - $ 24, and the total profit that has been made so far is $ 146.
#19 - December 22, 2020, 11:11:17 PM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
Update. The current account is in minus - $ 3.58, and the total profit to date is $ 157.93. So far, it can be said that this system is working quite well, but the profitability is quite slow
#20 - December 31, 2020, 08:51:05 AM

Sponsored

Trading Without Looking at Charts (Trading Without Thinking) in Trading Systems_6803a6c52eb12
#21 - Today at 11:42:51 AM

  • Sr. Member
  • Posts: 358
  • Points: 56105
  • Likes Received: 10
  • Reputation: +1/-1
in my opinion, this is a kind of hedging strategy, it's just that the pairs used are those that have a high correlation such as Eur / usd and usd / jpy, eur / jpy and usd / jpy. Sometimes there are those who use pairs Gbp / usd and eur / usd and so on.
#21 - January 09, 2021, 04:07:30 PM

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
A trading system that is quite interesting in my opinion, but a trading system like this should not be used for our main trading, we can use this kind of system for account diversification, so that it can help us manage money for trading, because without looking at the chart we can trade.
#22 - January 12, 2021, 12:34:40 AM

  • Hero Member
  • Posts: 518
  • Points: 400
  • Likes Received: 5
  • Reputation: +0/-4
Can this kind of system be used for the long term? At first glance, this system looks like locking each other, but because different pairs will be quite dangerous if one EUR or JPY is experiencing unexpected movements, for example moving hundreds of pips in a short time
#23 - January 13, 2021, 03:14:28 PM

  • Sr. Member
  • Posts: 365
  • Points: 624
  • Likes Received: 2
  • Reputation: +0/-0
Trading Rules

  • Don't Look at the Chart (So we don't assume much)
  • BUY EUR / JPY and SELL USD / JPY at the same time
  • Close the order if it feels that the profit is enough

Money Management  If we use a capital of $ 100 then the lot used is 0.01 (Just adjust if we use more capital than that)

Amazing guys, this is the first time I find a system that is too simple, even in my opinion I don't need to think at all, it looks like hahaha, yes maybe the thought is done just to see the lot and see that it is already profitable or is still minus floating, but this is worth a try, must be used in special account.
#24 - January 18, 2021, 03:35:09 PM
« Last Edit: January 18, 2021, 03:49:06 PM by Admin »

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5

Thank you for enlivening my thread. Here's first I need to suggest, if indeed this kind of system should not be used as the main system in our trading, we can use this kind of system as account diversification, and use capital that is ready for margin calls, because in order to really trade we don't think about it again. .

This system update, the current position of the account is floating minus - $ 47.86, and the total profit is still $ 157.93
#25 - January 19, 2021, 12:50:56 PM

  • Sr. Member
  • Posts: 365
  • Points: 624
  • Likes Received: 2
  • Reputation: +0/-0
wow, right now it's running into minus $ 47.86? how many lots does it use how big can it be floating minus? I agree with the review brother, because the trading system that you share does not apply stop loss so it is quite dangerous
#26 - January 19, 2021, 01:33:19 PM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
wow, right now it's running into minus $ 47.86? how many lots does it use how big can it be floating minus? I agree with the review brother, because the trading system that you share does not apply stop loss so it is quite dangerous

I use a 0.03 lot because my total balance is $ 357, the floating size is quite large, but this is not the biggest, a few months ago it had doubled the minus. That's why I recommend that you use this system to diversify your account and use capital that is ready for a margin call from the start
#27 - January 21, 2021, 11:15:39 AM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
The account position is currently floating minus - $ 38 with total profit unchanged at $ 157.93. But so far it can still be said that the account is in a safe position
#28 - January 25, 2021, 01:44:14 AM

  • Sr. Member
  • Posts: 365
  • Points: 624
  • Likes Received: 2
  • Reputation: +0/-0
hello guys, how are you? It has been a long time since I visited because I was busy and several things had to be sorted out, how are the results of the current trading update? has it made a profit? the last news I got was that the order was in a minus floating condition
#29 - February 20, 2021, 06:43:45 AM

VIP
  • Hero Member
  • Posts: 21122
  • Points: 3371
  • Likes Received: 695
  • Reputation: +4/-0
I don't use stop loss, maybe later I will cut loss if needed, for example, if it's been running for one month, we'll see the accumulation, if it's still profitable then you can clear all positions
In my opinion, this is a very risky trading approach, even though it appears flexible on the surface. Not using a stop-loss and instead using a "cut loss later if necessary" decision means the trader is ceding control of risk to time and emotion. While this approach may be viable under certain market conditions, it is highly susceptible to large, uncontrolled losses in the long run.
#30 - January 04, 2026, 10:56:17 PM

Members:

0 Members and 1 Guest are viewing this topic.



Trading Without Looking at Charts (Trading Without Thinking) in Trading Systems_67f8365a73a8c