daggerdirk
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FAP TURBO FLASH vagaries
Sheryl said: (or meant to say)
No it's not a "one cancels other" affair. Both trades crank up almost simultaneously except that one is meant to get you to break even (then quit) and the other is meant to gather your gravy (profit). Good theory but only if they set off together in the correct direction. That direction (buy/sell) presently seems to be based upon a coin-toss.
I guess that the developers are counting upon the differential between set profit and set loss (plus the Law of Averages) to get you into profit over the longer term.
IMHO there are better ways of doing that.
Sheryl said: (or meant to say)
New to this but isn't fap turbo Flash just like OCO?
No it's not a "one cancels other" affair. Both trades crank up almost simultaneously except that one is meant to get you to break even (then quit) and the other is meant to gather your gravy (profit). Good theory but only if they set off together in the correct direction. That direction (buy/sell) presently seems to be based upon a coin-toss.
I guess that the developers are counting upon the differential between set profit and set loss (plus the Law of Averages) to get you into profit over the longer term.
IMHO there are better ways of doing that.