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how to use MM without having real TP and/or SL

7 replies

Tarwada

Subscriber, bbp_participant, community, course_strategyquant-x-course, 92 replies.

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8 years ago #114658

hello everyone

 

i couldn’t figure out how can i use MM feature without having TP and/or SL

 

i have a condition that close all positions when the open P/L reach x Dollars (whether it was win or lose)

 

so that a semi-hidden TP and SL. but the problem is that when i try to use MM , it switches the lot sizing to (Lots if no MM) due no defined TP  and SL

 

now my question is : how can i use MM feature without having defined TP and/or SL ?

 

and one more question , how to set such a (Max Trades Opened)

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stearno

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8 years ago #135031

If you are exiting at x dollars loss, then you can use that amount of money to define your % of your balance to then determine your lot size.

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Tarwada

Subscriber, bbp_participant, community, course_strategyquant-x-course, 92 replies.

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8 years ago #135033

If you are exiting at x dollars loss, then you can use that amount of money to define your % of your balance to then determine your lot size.

Sent from my HUAWEI MT7-TL10 using Tapatalk

 

sorry but i didn’t get it

 

i want to have a box where i can define MM % , but due no SL/TP , i can’t use this feature 🙁

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stearno

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8 years ago #135034

I think I did not understand what you were saying. I had a different understanding of what you meant. Ignore what I said.

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Tarwada

Subscriber, bbp_participant, community, course_strategyquant-x-course, 92 replies.

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8 years ago #135035

anyone ?  ^_^

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Karish

Customer, bbp_participant, community, sq-ultimate, 443 replies.

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8 years ago #135038

yeah SQ’s MM % based used only if there are SL/TP in the strategy…,

i wish SQ4’s MM % based would work on every strategy..

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Tarwada

Subscriber, bbp_participant, community, course_strategyquant-x-course, 92 replies.

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8 years ago #135045

so there’s no way to do it  🙁

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mikeyc

Customer, bbp_participant, community, 877 replies.

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8 years ago #135090

yeah SQ’s MM % based used only if there are SL/TP in the strategy…,

i wish SQ4’s MM % based would work on every strategy..

 

It would be good to see even simple MM like “N Lots (e.g. 0.1) per $10K balance” so as the balance increases, the lot size increases.  This would work without a SL.

 

As it stands, it is very limited.

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