FXZig Blog
Your feed is ready
If you trade using the grid method, the choice of the exact instrument is very important. You need a trading instrument with good volatility and at the same time the corrections to be big amplitudes compared with the trends. Is grid trading suitable for crypto currencies? Some of the good possibilities for using grid trading are cryptocurrencies. It is true that there are strong trends, but at the same time the corrections also are very strong and a 10% or even 20% move of the market price isn’t something unnormal for them.  One of the best candidates among cryptocurrencies is Bitcoin. ...
Image enclosed
The grid trading is a trading system that uses multiple orders with which the trader averages the open price. Normally the trading grid adds new positions to already opened positions when they start to lose. With averaging the price with the new positions, the trader could exploit that there is certain normal volatility and betting the market in most of the time will be on range or when there is a trend, the market price will do a correction. Grid Trading Expert Advisors There are a lot of different types of trading grids and we choose three types that we ...
Image enclosed
The risk  Probably all of you have heard many times that holding all the eggs in the same basket is a bad idea and that diversification is good. However the diversification means less risk, and as we all know the profit always depends on the risk. So single expert advisors will always be more profitable than a portfolio of expert advisors because it will be the more risky way. The main reason for that is the DD. We know the historical DD, but we don't know what will happen in the future. We should expect that the biggest DD will ...
Image enclosed
We exist in a time where many things are controlled by machines. The professional trading makes no difference. In this article, we will talk about Expert Advisors and algorithmic trading. It all started with the invention of computers in the 20th century, first programmed to help in mathematical calculations. Since then, information technologies have been developing rapidly, computers have become more powerful, complex, and fast. Then came the Internet. It did not take long for banks, institutions, and people to understand how technology could be useful in making a lot of money. The first algorithmic systems were software for drawing ...
Image enclosed
There are 3 major types of expert advisor performance charts. It is very important to be able to identify them to avoid dangerous Expert advisors. This also can apply to signals or manual trading performance.  The first type is the "perfect one". It is looking awesome. It is going only up, there are no losing trades. It is the holy grail.   Unfortunately, this is hiding a huge risk. The major way to achieve that nice performance is not to close when loosing. When the market makes a big move against the expert advisor or trader, it looses all, and then the ...
Image enclosed
Send daily summary to my email
NEW
email-icon