Grid trading the BWILC way
There is an excellent post over on the Macrotactics blog that covers the salient points of the BWILC 4×1 methodology in a succinct overview.
It covers the four main pillars of Dirk’s approach to trading as well as a nice summary of strengths and weaknesses of this sort of trading strategy.
While I seem to be drifting from following all the core tenants of the 4×1 methodology in my current trading, it was useful to have a refresher.
If you’re new to grid trading or BWILC then this is a post well worth reading.
Related Posts:
- Bumped to second
- Uncharted territory
- Dirk speaks
- The Impeccable Hedge
- Scalp journal – 12 December 2008
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Comment from MarcoA
Time 2008-07-25 at 17:19
Colin, thanks for Macro link. My real trading is completely at odds with BWILC method but I’m taking a second look in virtual account using tiny gearing.