Mod 4.1: Making money Forex trading the no stop Grid system

Join the Expert4x Club to trade the Grid System. How you make money Forex Trading by entering Buy and Sell transactions at the same time using no stops. Relaxed currency trading using the hedged grid trading technique. This video is part of a series. Don't miss them.
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Category:

Education

Tags:

• Grid
• forex
• trading
• hedged
• grid
• currency
• techniques

[permanentjaun]

This is an absolutely stupid idea. What happens if price were to continue up another 200 pips? You would only have 1 open long position, but 2 open short positions. You would be down -200 pips.

You had an initial neutral position at the start because you didn't know what direction the market was going to go. Why would you get out of the neutral position when price has moved 200 pips north? You still have no clue to which way the market will move from there.

[expert4x]

We Agree that it sounds like a stupid idea. This is not an idea or theory. This method is being traded very profitably(2500 pips in 80 days and 4400 pips in 180 days) at the moment by 2 trading groups. It is a simple method but not as easy as it looks - you need experience to know which grid sizes and lot numbering to use.

I would suggest that you look at some of the trading history which shows the benefits of this system. It make MONEY but it is not for every trader as it is unconventional

[kazuyajap]

Two comments:

1) Why would you not just simply open a second short position at the 1st cash in point? By doing what this strategy says, that is closing and reopening the initial long, it costs you an ADDED SPREAD for nothing. That makes no sense.

2) If the strategy relies on pyramiding your losing positions e.g. adding a new short after a bad short, that's an excellent recipe for going bust at the first very bad streak i.e. solid trend. Again, that makes no sense.

So what's the system's edge?

[expert4x]

The system does not rely on pyramiding of losses - in fact our trending startegy includes increasing the lots in the direction of the trend. A total reverse approach to pyramiding - you are right pyramiding will make you lose your trading account.

The Systems edge is it makes money when you apply the principle to appropriate grid sizes and lots sizes.

[hknguyenvu]

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[Fullperson]

the grid is a crutch

[laton2010]

forex is a scam business. the only ones winning 5% on it are the market seller, brokers and banks, for this reason i am out from this business held by devil. i am different markets now

[PerpetualFire]

You need patience when applying this technique. I know it works on short timeframes like 1 & 5m and longer times like daily. I personally prefer dailies because of the consistency with retracements.

[gregsbest]

Oh, by the way, I am NOT an expert, but have spent countless hours trading. I am not selling any system, nor trashing this one in particular- Just have an understanding of the flow of the market and you can make most systems work. Good luck.

[gregsbest]

This may work some of the time, but they are right, this is not for a beginner. All prices retrace, but how long and how many gyrations of the market happen - no one knows. Very dangerous/ expensive system to learn with real money. Either simplify this system or begin again. This does not work for the Fall of 2009 by the way. This discounts the Elliot Wave analysis to, which I see more often occurring. I think you should show actual examples to help sell this to potential traders. Good luck !

[martyrindia]

I use I min chart which is instant income

[martyrindia]

Try eur/jpy and see thechange

[tradingtalentscout]

its stupid for those who dont understand it...it can carry on as far as its likes, however most pairs rarely travel more than 400 pips a day with a large retracement. everytime price goes up by 100 you bank 100, you become profitable when price retraces, you have losing trades, a breakeven trade and a profitable trade, overhall net up 100 or whatever the size of grids you choose to use.