DislikedI can honestly tell you that straddling doesn't work any better. If anything you're better off hedging using two different pairs. And on this last NFP that probably would've been murder. Especially if you were in EURUSD as it had the worst whipsaw.Ignored
straddle will work better when you dont have high slippage, your stop out stoploss is same like the stop in stoporder.
so why you are not in with 2 pip slippage in last nfp?
you can only lose in straddle 2 times when prices goes in both sites. simple math. but normal trader use spread secured Sl, so even increased spread is not important to kick you out.
its rule by math, with this little slippage you would win extrem much more with straddle against buying before. simple calculate for your own.
i would not test it, because high slippage is normal in high news, but when you have this so extrem little slippage, you are wrong with the sentence "crazy tony strategy works better then straddle"- not possible by math.
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True, whipsaws can easily ruin everything.
