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Hedging/averaging trades without prediction

  • #421
  • Oct 21, 2022 4:16am Oct 21, 2022 4:16am
Quoting Waveskierrob
{quote} pendings open
SHORT tp hit +3
  • #422
  • Oct 21, 2022 4:24am Oct 21, 2022 4:24am
Quoting Waveskierrob
{quote} SHORT tp hit +3
Pending LONG no sl no tp ...SHORT no sl +3 tp...@ 6865
  • #423
  • Oct 21, 2022 4:29am Oct 21, 2022 4:29am
This is slightly different... trade one got hedged and then the hedge is released at a loss. Manage the two trades over the hedge loss and trail.

Not to be done lightly and needs more luck than practice. Darts is dangerous if you play pissed up (but can be quite funny)...

Attached Image (click to enlarge)
Click to Enlarge Name: eg hedge.png Size: 12 KB
  • #424
  • Oct 21, 2022 4:30am Oct 21, 2022 4:30am
Quoting Waveskierrob
{quote} Pending LONG no sl no tp ...SHORT no sl +3 tp...@ 6865
Closed 2 X LONG @ 6885 +5 -10 + -5................. cancelled pending trades
  • #425
  • Oct 21, 2022 4:33am Oct 21, 2022 4:33am
TRADE 25..... LONGS + 5 -10 + -5....SHORTS +3, +3, +10, +3 = +19....total +19 -5 = +14.....running total +312...
  • #426
  • Edited 4:48am Oct 21, 2022 4:37am | Edited 4:48am
Quoting Fagin
This is slightly different... trade one got hedged and then the hedge is released at a loss. Manage the two trades over the hedge loss and trail. Not to be done lightly and needs more luck than practice. Darts is dangerous if you play pissed up (but can be quite funny)... {image}
Sorry very difficult to know what you are saying ...are you on the pop already if so good man...
  • #427
  • Oct 21, 2022 4:49am Oct 21, 2022 4:49am
TRADE 26 ...FTSE ... SHORT and LONG no sl tp +2...@6891
  • #428
  • Oct 21, 2022 4:50am Oct 21, 2022 4:50am
Quoting Waveskierrob
TRADE 26 ...FTSE ... SHORT and LONG no sl tp +2...@6891
SHORT tp hit +2
  • #429
  • Oct 21, 2022 4:51am Oct 21, 2022 4:51am
Quoting Waveskierrob
{quote} SHORT tp hit +2
SHORT no sl tp + 2 ...@ 6886
  • #430
  • Oct 21, 2022 4:52am Oct 21, 2022 4:52am
Quoting Waveskierrob
{quote} SHORT no sl tp + 2 ...@ 6886
SHORT tp hit +2
  • #431
  • Oct 21, 2022 4:53am Oct 21, 2022 4:53am
Quoting Waveskierrob
{quote} SHORT tp hit +2
SHORT no sl tp +2 @6883
  • #432
  • Oct 21, 2022 4:57am Oct 21, 2022 4:57am
Quoting Waveskierrob
{quote} Sorry very difficult to know what you are saying ...are you on the pop already is so good man...
Ha! no not yet a bit early for me, sorry I can be a bit random.

What I mean't was hedging can be like playing darts pissed, if you don't have a plan to manage the 1st hedge after you've released the loss hedge.

I first got into trading hedge this way, but I think your method whilst slower is safer to fill the pot with drips rather than this which is > trade, hedge, close hedge and manage trades with a next hedge pending just in case.

I think wizard mentioned about other methods as well which i think I also trade a similar set up.

Trade Management, love it
  • #433
  • Oct 21, 2022 5:06am Oct 21, 2022 5:06am
Quoting Fagin
{quote} Ha! no not yet a bit early for me, sorry I can be a bit random. What I mean't was hedging can be like playing darts pissed, if you don't have a plan to manage the 1st hedge after you've released the loss hedge. I first got into trading hedge this way, but I think your method whilst slower is safer to fill the pot with drips rather than this which is > trade, hedge, close hedge and manage trades with a next hedge pending just in case. I think wizard mentioned about other methods as well which i think I also trade a similar set up. Trade Management,...
...got yea ....now talking of beer off to the fridge...again
Attached Image (click to enlarge)
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  • #434
  • Oct 21, 2022 5:07am Oct 21, 2022 5:07am
Quoting Waveskierrob
TRADE 26 ...FTSE ... SHORT and LONG no sl tp +2...@6891
LONG tp hit +2
  • #435
  • Oct 21, 2022 5:11am Oct 21, 2022 5:11am
Quoting Waveskierrob
{quote} ...got yea ....now talking of beer off to the fridge...again{image}
Attached Image (click to enlarge)
Click to Enlarge Name: beercerial.jpg Size: 22 KB


Breakfast time!
  • #436
  • Oct 21, 2022 5:34am Oct 21, 2022 5:34am
Waveskierrob, can you upload your screen recording here?
  • #437
  • Oct 21, 2022 5:34am Oct 21, 2022 5:34am
Quoting Waveskierrob
{quote} LONG tp hit +2
SHORT tp hit +2....finally ...
  • #438
  • Oct 21, 2022 5:38am Oct 21, 2022 5:38am
Quoting Waveskierrob
{quote} SHORT tp hit +2....finally ...
TRADE 26 SHORTS +2, +2, +2 =+6 ...LONG +2 = +2...total +8 ....running total +320...
  • #439
  • Oct 21, 2022 5:39am Oct 21, 2022 5:39am
Quoting nveemjay
Waveskierrob, can you upload your screen recording here?
Why ? what are you expecting to see that I haven't already posted...
  • #440
  • Oct 21, 2022 5:46am Oct 21, 2022 5:46am
Quoting Waveskierrob
{quote} Why ? what are you expecting to see that I haven't already posted...
It will help with additional learning and situation.
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