Wow that's some remarkable legwork right there, thanks for sharing! So closing it at the end of the entry candle seems like the best course of action, right? Were you using MT4 to load the data? Because there are some ways to add downloaded data in ...

Thanks for posting that! It goes into all the psychological aspects regarding hedging (that in my opinion are all positive). The mind is the biggest enemy when trading and hedging is a very powerful tool for that.

Late to that one but it's interesting! I checked a few more vids from him after this, and he's much more diligent with risk than it shows on that video and the FOMC one. But that way of trading seems to be his bread and butter and in some ways it is ...

Hey, this looks interesting, really like that way of putting the ideas into a spreadsheet and using a max %DD when things don't work out. I'm trying to get what you're writing down there but I'm having a hard time understanding it all (some columns ...

Hey, thanks for this detailed post! Splitting the position into 20 seems really good, as you don't need to stress over if that particular trade was right or wrong and gives some wiggle room. I've got a side question regarding the money management ...

So the focus is much more on position trading. Of course you know your craft and there's some 'feel' factor involved. But there's so much freedom when trading like this that it can get overwhelming sometimes (due to lack of experience ...

By not using a TP on the original direction, do you wait until a distance in pips, % of a move or something? Trying to understand when to pull the plug on the 'stacked' trade when in profit Hats off to you Waveskierrob by the way, ...

Ah that makes sense! I'll keep testing like that to see how it plays out (Thanks for the replies everyone, it helps! )

Hmm, looking at this one maybe the trick is in adding to get the whole thing to a positive position within a smaller move. Do you guys look at ATR or something to have a better understanding of how much to add to get to some sort of expected move?

I'm having some trouble regarding the first hedges. Not sure how to get them out of the hole (without doubling). This might be hard to explain but I'll try with an example that happened yesterday and again today Assume the set starts ...

I've been testing this for a few hours. My first impression is that it feels more 'natural' or intuitive placing the trades. The one thing that's a bit troublesome for me is that it can get a bit convoluted once you have a few hedges running (and ...

Thanks for the detailed answer! I spent a while trying to visualize this. " then i will have to short again, lets say if the long position is minus 15-20 pips. " So at that point you'd have 1 long and 1 short, about 15 pips apart, right? So, -15 ...

Sure! I think it's better with an example: - Let's say you enter long and short at the same price; both with a 3 pip TP. - Price goes up 3 pips and triggers your TP. - Now price reverses a bit (say 2 pips) and then goes back up to 5 pips. - The ...

Hey Birdland, a few questions if you don't mind (don't want to beat a dead horse here and maybe you already answered it, but just to be sure): 1) I see you're entering with both orders at the same price (long & short), but are you doing it randomly ...

Side question here, but if you don't look at charts, what does your trading terminal look like ? I assume you must be looking at either the PnL constantly or the pips to know how far away the trades are from the entries. I'm too used ...

For a long time I wasn't sure if there was a way to use hedging that suited me, but this thread definitely sparked something. Like the first impression I get (also from the title) is that by hedging you welcome the market's randomness with open arms ...

Imagine putting all this work into saying that something is a lost cause. These forums are fun every once in a while. It's a casino if you treat it as such. It's a business if you treat it as such. Both have risk attached to it, but only one has a ...

Making a statement like that is pointless since you can't prove that people make or lose money over the long run trading forex unless they personally share their bank statements with you. Those who take it as entertainment are usually the ones that ...

Depends what you mean by 'losing day'. It's losing 4. Not necessarily 4 in a row. Maybe you lose 1, then win 2, then lose another one, then win 3, etc. So you might have 4 losers (you stop for the day), but you won 5 throughout the day. So it's not ...

FXCyborg already answered this: Please read the thread or use the search before posting questions like these that aren't related to the method. This thread got big fast and it's better to keep these types of posts to a minimum.