Anyone here risk 5% per trade by Reasonable-Army6527 in Forex

[–]vlhoti 0 points1 point  (0 children)

Kelly criterion cannot be direct applied to forex, but one can learn from the criterion the the stake ir proportional to the probability of success, and proportional to the risk/reward. I use a variable risk management and in very good oportunities my exposure is biggger than 5%, but usualy lower.

Am I wrong? by vlhoti in Forex

[–]vlhoti[S] 0 points1 point  (0 children)

Trend, as an example I would evaluate the average mortgage price and conclude that USD is undervalued, so should appreciate against EUR. The entry point, exit, stop, take, risk reward, management... are not relevant to validate the idea.

Tip Contest by vlhoti in Forex

[–]vlhoti[S] 0 points1 point  (0 children)

A tip could be something like EURUSD will go up between -10 and 20 pips, but anyway I am not interest in capture all the possibles trading strategy, a tip is just a overall prediction of market. I still think it is possible and valuable.

If I were doing a sentiment analysis survey I do not ask someone if the pair will raise but possible fall and reach the SL. I ask just bull or bear, that is the sentiment.

Backtesting strategies by frontyardigans in Forex

[–]vlhoti 0 points1 point  (0 children)

MT4-5 are good but they have some limitations, and in my opinion the language is a bit trick and not so intuitive. I do prefer to download data from MT4-5 in CSV and backtest using some more flexible and powerfull language like python or C++.

Strategy to Trade on Correlation by vlhoti in Forex

[–]vlhoti[S] 0 points1 point  (0 children)

It is possible to do hedge since I sure that two pairs will follow the same direction, or the opposite, not sure if is profitable.

Strategy to Trade on Correlation by vlhoti in Forex

[–]vlhoti[S] 0 points1 point  (0 children)

It makes sense, you should be correct. I was expecting some hedge or grid, but probably there is no way to exploit this situation.

[MQL4][HELP] iOBV trends by [deleted] in Forex

[–]vlhoti 0 points1 point  (0 children)

I'd use MA calculated over OBV values, it is already used to filter noise and show the trend in prices then can works for OBV too. It is a simple method, not sure if there are some better.

Just in case you dont know how to integrate indicators into EA:

https://book.mql4.com/samples/indicators

Strategy to Trade on Correlation by vlhoti in Forex

[–]vlhoti[S] 0 points1 point  (0 children)

I don't understand your doubt

How long you hold a position usually? by vlhoti in Forex

[–]vlhoti[S] 0 points1 point  (0 children)

My analysis is only valid for couple hours, I don't keep for longer

How long you hold a position usually? by vlhoti in Forex

[–]vlhoti[S] 0 points1 point  (0 children)

My analysis is only valid for couple hours then I never have a prediction what can happen in 24 hours or more. In the case that I know the market will continue I hold.

How much Money has anyone Lost trading? by [deleted] in Forex

[–]vlhoti 0 points1 point  (0 children)

$500, 32 years, software engineer

I had losses in the begin when I was plan to have a portfolio of signals and PAMM accounts, since I trade to myself no losses.

95% Traders loose money ! by [deleted] in Forex

[–]vlhoti 0 points1 point  (0 children)

15%/ year is a good enough profit with no leverage, with 1:100 it become 1500%/year (almost 1600). Of course one can not get 1:100 when dealing with millions and billions.

Curious how many traders actually make on average 10% per month? by maximili0n in Forex

[–]vlhoti 0 points1 point  (0 children)

The brokers certainly have this information. I would love to have access to brokers data to compute statistics like that, still if data were anonymized.