DislikedWithout going deeply into it, the primary reason why I don't close out a trade with a stop, and why I hedge instead is because with a hedge, the trades are balanced, and all margin is once again free margin. I then have the time and luxury of considering my position. When trading at 2.5 lots per $1,000 of account, I am almost at the highest lot sizing that 400:1 leveraged trading will allow. Taking a 30% hit to equity by a stop loss being reached, my next trade would have to be significantly smaller than the one just closed out. So it is better...Ignored
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