Disliked{quote} I checked his profile, he seems to be genuine. He took his eyes off the facts and went into exploring indicators while every thing on the fundamental side was issuing warnings against longer-term longs. He went after collecting his 150 pips from 1.3600 forgetting that 1.3750 that is a very strong level has been broken and market bears would try to protect this level at every cost. All major banks led people to go short for a reason. He had a good plan in place, but executing every plan B has a cost. He refused to pay this cost plus remained...Ignored
Yes Chicky there are quite a few different hedging techniques but I am not sure if BenderTrader is able to cope with it psychologically.
HOPE this four letter word is the curse for all the trades. This word I think has caused the most amount of margin calls for traders.
Even if u show him the way I am not sure if psychologically he can follow through. But if u can help him by all means plz do.
Just my 2 pips