DislikedJacko,
This is a question for me also re:anti-hedging. Earlier in the thread I read "let the reversal go a minimum of 50 pips before activating the trade in the same direction as the original trade". Why 50 (or 100)? What if it only goes South for 30?
Luv this thread...
Thank you.Ignored
Please go here. Read post 73
http://www.forexfactory.com/showthread.php?t=27286&page=5
You have to draw a line in the sand somewhere.
However, in the unlikely situation that you have VERY good reason to believe that you DESPERATELY NEED to be back in the market... then the key advantage to this business is that you can get back into a trade in about 1.5 seconds...
But I wouldn't recommend it...
.