about 2k for the gbp/usd the round trip commish cost is about 20 w/ efx
airball
$TRILLION STRATEGY
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stop Limit or Stop Loss
BP wrote:Hey all,
I trade the trillion 4 days a week. Monday thru Thursday.
1)I trade the GBP and JPY. They have had the best results so far.
2)I go one direction and enter at the end of the day in the direction the candle indicates...as the Trillion system dictates.
3)I use a fixed stop loss
4)My TP is 10, as the trillion system dictates...
And it has been working for me for the past 3 weeks. Been very happy...especially with the GBP trades. I have just traded whatever direction the trillion system indicates every day it indicates it except for the weekends.
Today I entered long on the GBP at 9699 and short on the Yen at 118.05....even though my gut was worried about it...I did it anyway...my gut worries too much.
Hope that helps some...don't know if I will post my entries every day...but I do read here every day.
Good luck.
BP
BP
Are you using a Stop Limit as a fixed stop or a Stop that turns into a market order once the stop is hit.
Last fall on the Trillion I used a Stop that turns into a market order. I turned off the computer and came back in the evening. To my horror the market accerated, my stop got hit but by the time I was filled I had lost 65 pips.
The problem with a Stop Limit is that you may not get filled in a fast market. So what is a trader to do?
jstockman
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Re: stop Limit or Stop Loss
jstockman wrote:BP
Are you using a Stop Limit as a fixed stop or a Stop that turns into a market order once the stop is hit.
jstockman
Jstockman,
I use a fixed stop loss and a fixed TP. I have not had any problems with this since I started...sometime in February.
Thanks,
Steve R.
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butcher:
The BuyZone and $TRILLION are almost the same!
The difference is $TRILLION only trades in ONE DIRECTION at the top/bottom of the daily candle. The BuyZone gives you trades in BOTH directions.
The BuyZone and $TRILLION are almost the same!
The difference is $TRILLION only trades in ONE DIRECTION at the top/bottom of the daily candle. The BuyZone gives you trades in BOTH directions.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
Thanx for your reply.I was also wondering if the $TRILLION can be used on lower time frames than just the daily.Both this forum and the chatroom on paltalk are great places to learn more.Or should i say less-no indicaters just horizontal lines.Thanx again for sharing your experience with all of us newbs.
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