Disliked{quote} If you can win 90% of every trade that you enter, attempting to save those losing 10% seems very smart to me. Why are traders so quick to take the loss. It seems discussions on hedging provokes strong opinions amongst traders, probably deserves another thread in itself.Ignored
To each his own.
I'm a sl trader. SL set by EA at point of entry giving a pre-determined cost of transaction.
Another trader may opt for hedge set by EA at point of entry giving a pre-determined exposure to drawdown.
If I'm not wrong hedge comes with extra cost.
Although I've read a hedge thread by Bushy that says otherwise.
The benefit of hedge strategy is connecting trade in drawdown to the next trade.
A psychology thing. If lock and unlock works for practitioners good.
Trade the value
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