Don't mean to beat a dead horse, but since FOREX is new to me I have never actually done Arbitrage. I know the basics - open two positions opposite then cut the loss on one while letting the other (winning trend) trade run. Can traders here who are familiar with this method indicate the pitfalls and/or how to make trading like this less risky? Any comments would be really appreciated! Regards,
Why not just pick a starting point and create buy stops and sell stops "x" points away rom your starting point. It saves you a trade. Once one side is hit, cancel the other side. You could still get screwed though.
On your way to a 45,000%, return you seem to have rounded up enough info to cover a whole slew of trading gems collected on your website. I'm a poor feeble trader, how am I going to get past rule #1 ? Although I cannot outright and at once put forth all of the over 100 components that comprise Kabir, let me give you some sound and practical pointers here that I use myself to avoid losing small fortunes while trading the Kabir system. Rule Number One - Don't Lose! Rule Number Two - If You ARE Losing... STOP! Here's how you can make 100% on the same money you would otherwise lose... ... (I will continue writing on this as time allows)...
The obvious: It then goes against you. What you need to do is go long and short in two accounts and give the bad account to someone else. Gee, didn't our former first lady do that?
doing arb .... just a spread ... between 2 fx pairs Don't mean to beat a dead horse, but since FOREX is new to me I have never actually done Arbitrage. I know the basics - open two positions opposite then cut the loss on one while letting the other (winning trend) trade run.