Hi Sonicers
Being an Australian resident, my broker allows hedging. This has always had me thinking as to how i could use it maybe more as insurance. Maybe a little more difficult for you US guys with the messy thing of running two accounts (thanks to the bastards on Wall St) but still a workable idea none the less.
So at the risk of being stoned to near death hear goes. Take the the short position on the EU at this current point in time. Looking like a reversal is imminent and should one be reaching their limit of seeds to continue EP's, then take a long hedge equal to your entire short position, at the break of the local high. Once the market shows a clear reversal then close the hedge at around break even or maybe even a small loss remembering we will later make it up on the harvest of our short positions.
I am totally fine with my own state of DD at this point in time as i trade very very light. Just bringing this to the table for further discussion/development.
Right I have my bullet proof vest on- ok post new reply.
DrJ
Being an Australian resident, my broker allows hedging. This has always had me thinking as to how i could use it maybe more as insurance. Maybe a little more difficult for you US guys with the messy thing of running two accounts (thanks to the bastards on Wall St) but still a workable idea none the less.
So at the risk of being stoned to near death hear goes. Take the the short position on the EU at this current point in time. Looking like a reversal is imminent and should one be reaching their limit of seeds to continue EP's, then take a long hedge equal to your entire short position, at the break of the local high. Once the market shows a clear reversal then close the hedge at around break even or maybe even a small loss remembering we will later make it up on the harvest of our short positions.
I am totally fine with my own state of DD at this point in time as i trade very very light. Just bringing this to the table for further discussion/development.
Right I have my bullet proof vest on- ok post new reply.
DrJ