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| Forex Trading Alerts The No Stop, Hedged, Forex Trading GRID Investment System |
| Questions and Answers about the No Stop, Hedged, Forex Trading Grid System |
Q. SUPERVISION REQUIRED: Does the TRADERrhave to be in front of the computer monitoring this hedge system during best market hours like the London market? I'm on the east coast and I can't sit up all night |
A. SUPERVISION REQUIRED: The Grid system requires very little supervision as entry orders are preloaded into a grid which could cover weeks or months ahead. The system therefore requires low supervision once or twice a day to see how things are going. We try to trade 300 to 500 pips ahead of the market – this means you only have to take action once the price has moved between 250 and 450 pips. It is a slow and steady method. |
Grid system? |
A. SYSTEM REQUIREMENTS: Any broker dealing station that allows a buy and a sell transaction in the same currency to be open at the same time is required. You need to be able to enter targets for every transaction. MetaTrader is good as it allow a buy and sell in the same currency at the same time. The grid system does not use charts or indicators and can be traded from the dealing station only. It is nice to visually see what is going on using charts but these are not essential. |
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size, Currency selection and trending market strategies are critical success factors. This is not a cowboy method it is a long term investment approach. It has taken years and many wipe outs to get the balance right between profitability and risk. You can benefit for this experience. Don't think because you understand grid trading concepts you can make money. Amongst our current groups the GBP group have had virtually no drawdowns (+/- 160 pips covered by other gains) but the GBPJPY had a bad start and had drawdowns of +/- 1200 pips. The GBPJPY is currently 4 000 pips up |
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A. CAPITAL REQUIREMENTS: You need money for 2 things when trading the Grid system. This money comes for the initial money you start with in your account and any retained gains you leave in your account.
As a highly conservative guide we recommend $ 4000 for every 1 lot to be traded in a mini account. $ 40 000 for a main account. In retrospect the GBP group could have started with only $300 in a 200:1 mini account. The GBPJPY would have required $ 2 500 in a mini account. |
| If you have any questions or need information not covered by the above ones please contact info@expert4x.com with your question. |
around. |
A BEST FOREX SYSTEM: We regard the best system as one that meets all the particular traders Personal requirements. So only a trader can decide whether a system is best for the trader. Some people like fast systems for scalping, other slow swing trading systems where transactions last days, other only trade the US market, other only like alerts at a particular time etc, etc. Although profitable the Grid system does not meet many peoples trading needs. The system is slow often only generating 150 trades a year. People find this too slow. The Grid system is more of an investment type system for 1 to 3 year investing. People are in a hurry and want to see result straight away. Trends scare some traders away - there are many ways to manage trends in our course - one is to take your loss and move on. We make so much money before a trend and after the trend that a loss during the trend is not serious to us. If you look at the current GBPJPY history (only available to subscribers)you will see that we had to take loses many times and moved on - these loses were very quickly recovered. Many traders can't make the paradigm shift between daily Forex trading using charts and indicators to a 1 to 2 year view using no charts or indicators. So we advise you to look at the system, learn it's principles and only if you personally like this investment approach use it. If not, the search for the Holy Grail can be a never ending one. |
Q. REPORTED RESULTS: When you quote monthly profit in pips, are those before the grid is closed? Your results page shows a +4000 pip profit since August 07. Would this be your profit if you closed the whole grid now? Aren't their losses involved in closing a grid and/or keeping it open? |
A. REPORTED RESULTS: We don’t quote monthly pips. Only pips from the start of the investment process. Those are Mark to Market results (Positions if we were to close right now) taking all open positions into account and are 100% up to date. We normally don’t have more than 4 position open due to the fact that we cash in all position immediately when profitable. Our result show the number of open trades as current margin requirements (finance required). |
Q. TRENDING MARKETS: As with all grid systems trends develops what action plans are in place to manage losses? In your videos you mention some activities. |
A. If you are not experienced in managing trends the grid system will wipe your account out!!!! Currency selection, grid sizing, lot sizing, trading common sense and maturity are critical to the success of the grid system. Our GBPJPY group have gone through a number of +1000 trends in their current range of +4000 and is highly profitable. The Expert4x grid system is a trend following system too as we cash in the minute the system is profitable and start over. Our new start is in the direction of the trend and we therefore we tend to move with the trend. We are also not scared to cash in at loss, as the profits made in the movements before and after a trend always outweigh any temporary setback. Again the GBPJPY has had a few small loss cash ins but in the long run is highly profitable.
various groups and how trends are managed. There are 100's of Grid strategies so there is not one mechanical way of trading this system only. |
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