midas1 (By forex_trader_8715)
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midas1 Discussion
Mar 15, 2010 at 12:18
762 Views
1 Replies
Jun 08, 2010 at 02:43
(edited Jun 08, 2010 at 02:46)
yes, that was midas on ECN which midas is simply a grid martingale with 2x multiplier ... plus his account is 100:1 so it's just a matter of days when it blows ...
the biggest problem of midas is that it leaves the trades over the weekend and if you have a gap then they can be left hanging in thin air ... making the account blowup more probable ...
that's why the midas standard setting disables trading on friday hoping the trades sequence from thursday will close ...
the biggest problem of midas is that it leaves the trades over the weekend and if you have a gap then they can be left hanging in thin air ... making the account blowup more probable ...
that's why the midas standard setting disables trading on friday hoping the trades sequence from thursday will close ...
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