Can you run Grid King only on forex currency pairs or can you run it on other assets like GOLD or OIL?

whisquer

Forex Spellbinder
The Dev's gold account ran into a hedge during the week of August 10th 2020 or so. This was unfortunate as XAUUSD (Gold) never had a history of crashing down so quickly in history in the course of 2-3 days. This is what Putin announcing he's got a vaccine for Covid gets you. All the money in gold and silver vaporizes as people flock to sell their holdings there to get money to fund their pharma purchases. GK is not really suited for wild uncontrollable spikes and dives anyway; and it's not the dev's fault either. Gold never tripped up GK in Backtests in this manner; not even during the Global Financial Crisis etc.
 

yandr

Forex High School Teen
The Dev's gold account ran into a hedge during the week of August 10th 2020 or so. This was unfortunate as XAUUSD (Gold) never had a history of crashing down so quickly in history in the course of 2-3 days. This is what Putin announcing he's got a vaccine for Covid gets you. All the money in gold and silver vaporizes as people flock to sell their holdings there to get money to fund their pharma purchases. GK is not really suited for wild uncontrollable spikes and dives anyway; and it's not the dev's fault either. Gold never tripped up GK in Backtests in this manner; not even during the Global Financial Crisis etc.
It was a combination of things including the expiry of some long contracts. No asset can climb that quickly without a reversal (hence grid traders)....and gold got a big rally, and the big correction to go with it. Wim -or anyone for that matter- should not trade so many safe havens at the same time...as when one goes...they all go o_O o_O o_O o_O
 
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