Sunday, 14 October 2007
optimum settings for v.5, IBFX
Q.
I use the default settings, and automatic lot sizing on just GBPJPY. Sometimes i see a pair is undervalued and get into that one for a bit. Ive been tracking AUDCAD and the range is pretty small, so in a case like this you would need to change the gridmesh and trailing stop to match each other (in this case to 15 due to very tight range).
The key to safe trading for me is to find pairs that are ranging/undervalued, find the right timeframe, and limit your risk via the positions open. Then you can focus on collecting that swap.
If you had the patience it would be great to stick on a pair for a few years, and collect positions throughout the entire market range of values, sort of spinning a spider web that produces interest payments.
Q.
A.
I have heard negatives about all brokers, but my experience with them was fine, and i have some friends that use them with no complaints. They are pretty good, in my personal opinion.
What would you say are the optimum settings for v.5? What settings do youA.
use, if you don't mind me asking?
I use the default settings, and automatic lot sizing on just GBPJPY. Sometimes i see a pair is undervalued and get into that one for a bit. Ive been tracking AUDCAD and the range is pretty small, so in a case like this you would need to change the gridmesh and trailing stop to match each other (in this case to 15 due to very tight range).
The key to safe trading for me is to find pairs that are ranging/undervalued, find the right timeframe, and limit your risk via the positions open. Then you can focus on collecting that swap.
If you had the patience it would be great to stick on a pair for a few years, and collect positions throughout the entire market range of values, sort of spinning a spider web that produces interest payments.
Q.
Have you heard any negatives about IBFX? I would definitely switch brokers
if it would be best.
A.
I have heard negatives about all brokers, but my experience with them was fine, and i have some friends that use them with no complaints. They are pretty good, in my personal opinion.
Labels: Carrygridv5, IBFX, optimum settings
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