You have to monitor reverse operations

I found a nice signal based on a “losing” MetaTrader 4 Expert Advisor. That “flawed” expert advisor makes orders that will fail 93% of the times and with a tight stop loss and big take profit, is losing a lot of money.
ZuluTrade has an option to reverse, and in this case it’s really appropriate: 7% of loss with tight take profit can be a profitable idea.

Unfortunately, as I discovered just now, the spread in buy/sell rates, did not let me meet the take profit point, giving me a 40 pips loss instead of the 15 pips profit. And I was there when I noticed that: it was on +13, but I was greedy and I did not close the position manually, I just waited to get the 2 extra pips.

Leave a Reply