hello
Im newbie in the forex that i think:/ I started trading 1,5 year ago but i was loosing money:/. Five months ago i red about hedging strategies. How that strategy looks.
buy 0,01 lots and sell 0,01 you take profit 5 pips for each position when you close one of this position you waiting with second, when the market goes angaist 40 pips you take 0,02 sell or buy and take profit is 30 pips for new position and the loose position have the same take profit. When you are still loosing you buy 0.04 after 30 pips loose and take profit 20 you going that for this moment when the market goes reverse and you closing all positions.
I thought that is extra system bu yesterday:/
I had micro account with 500$ and it rises to 618$ in month
But yesterday open 2 positions at 1.3010 on EUR/USD buy position was closed but sell stayed:/ the markets was rising and i was selling 0.02, 0.04, 0,08 ........ i waited for reverse from market but nothing gonna change the charts was going up. When i see that im very close to blown up my account a closed all positions and a loose 200$.
if i had more money a could buy more and take profit.
And here ive got question to you.
This system is good??? where is the fail? i havent enough money?? or the system is poor??
Im waiting for opinion
sorry for my mystakes n english i hope you understanding me
Im newbie in the forex that i think:/ I started trading 1,5 year ago but i was loosing money:/. Five months ago i red about hedging strategies. How that strategy looks.
buy 0,01 lots and sell 0,01 you take profit 5 pips for each position when you close one of this position you waiting with second, when the market goes angaist 40 pips you take 0,02 sell or buy and take profit is 30 pips for new position and the loose position have the same take profit. When you are still loosing you buy 0.04 after 30 pips loose and take profit 20 you going that for this moment when the market goes reverse and you closing all positions.
I thought that is extra system bu yesterday:/
I had micro account with 500$ and it rises to 618$ in month
But yesterday open 2 positions at 1.3010 on EUR/USD buy position was closed but sell stayed:/ the markets was rising and i was selling 0.02, 0.04, 0,08 ........ i waited for reverse from market but nothing gonna change the charts was going up. When i see that im very close to blown up my account a closed all positions and a loose 200$.
if i had more money a could buy more and take profit.
And here ive got question to you.
This system is good??? where is the fail? i havent enough money?? or the system is poor??
Im waiting for opinion
sorry for my mystakes n english i hope you understanding me