EA to turn any loser into a winner
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Thread: EA to turn any loser into a winner

  1. #1
    This may sound a bit counter-intuitive, and it's...

    Because of fear and greed I have a inclination to decrease winners short and let losers run, obviously the opposite of what I should do. There are also times when I sell in the base and buy in the very best, trying to jump onto a trend.

    I'm on a non-NFA broker that enables hedging. So occasionally I really wish I had an EA or script running in the background without even letting me know it's there, that automatically enters into places double the size in the opposite direction of any place I take manually, and shuts it when I close the manually taken place.

    The margin requirements for that are exactly the same as for the place I meant to take. If my manual position indies a profit and prompts me to carry it out because of fear it might turn negative, I exit my position for a lossmaintaining my stop-loss tight. If I let a manual standing run from greed it might come back, I have the position go deeper to profit.

    Of course that is a bit like putting your watch 15 minutes ahead in order not to overlook that train -- you need to convince yourself (or be stupid enough to believe) that you don't understand it is not revealing the actual moment.

    Can something like that be programmed? I'm a totally non-technical individual, therefore I could do is present the idea. I would love to have some thing like that.

    Jesper

  2. #2
    Quote Originally Posted by ;
    ...I wish I had an EA or script. . .that automatically moves into places double the dimensions I take and closes it when I close the manually.
    Congratulations! You might have stumbled on to the Holy Grail to get 95 percent of retail trader wannabes. Thank you of the day for my LOL!

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