DislikedHi Caillou,
Some observations from demo (lite version)
From 10 succesful baskets the following were opened:
6 in London session
2 in Asian session
1 in New York session
1 in Frankfurt session
8 baskets closed in London, New York or after Frankfurt open and 2 closed during the Asian session (1 NY, 1 London)
I cannot comment upon DD by avioding the Asian session as I have only instigated this on my live lite account yesterday.
Once I have more stats I will post results.
It makes great sense to me to avoid the Asia session due to its...Ignored
If you think back to the idea of the OP.. the hedge should help out in DD situations.. so if I have 10 symbols it would be alot harder to minimize DD.. but also will be alot quicker to get higher % profits. It's all about balance and maybe choosing higher ranging pairs and not limiting trading (only 3 pairs out of a basket of 6) might actually be better. If you are limiting your pairs then you can have a case where your 3 pairs trade and are in DD while your opposing side doesn't trade because the 3 pairs you chose to trade are being outperformed by the phantom pairs. Ofcourse if this never happens then its ok but all it takes is one case to destroy the account.