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(binned per thread starter's request) MoneyZilla replies to Frien

  • #121
  • Sep 25, 2017 10:35am Sep 25, 2017 10:35am
Quoting RondaRousey
{quote} shorted at 1330 and I don't hedge
Impressive.

I have start hedging it from 09:43 on 8 Sep 2017 (London time). And here are the closures I have manually made. USC account. Balance at start 526k. Now is 703k.

So, hedging seems to be also working...
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Maadik Hugiis. IQ 69.
  • #122
  • Sep 25, 2017 10:45am Sep 25, 2017 10:45am
Quoting Piphunter00
{quote} I think what confuses people with what Zilla does is the fact he doesnt try to nail a direction. For a trader who has a methodology that helps them predict a future move in a certain direction this will never make a single percent of common sense to them as they are able to pin point moves. Going through many of MoneyZillas posts you can see he doesnt attempt to get it "right".
true, but: in each hedging you have nothing more then one direction trade all the time, if you net it to one position, so exactly same like 1 position open with same amount.
  • #123
  • Sep 25, 2017 10:53am Sep 25, 2017 10:53am
Quoting dukas_trader
{quote} true, but: in each hedging you have nothing more then one direction trade all the time, if you net it to one position, so exactly same like 1 position open with same amount.
EXACTLY! that is the outcome of hedging! one ends up with the RIGHT direction NET trades. Averaged... How to get that successful net trading style? I have no idea. The net trading strategies I have created cant bring that much money into the account.

I am not saying net trading does not work. I just say hedging (for me) works better.

And I am a lame trader. A hobby trader. My hands are good for holding boobs and money only. I use them for jerking off, as well. And I suppose, most guys on the market are probably like me... That is why I protect hedging so bravely...
Maadik Hugiis. IQ 69.
  • #124
  • Sep 25, 2017 10:56am Sep 25, 2017 10:56am
Quoting MoneyZilla
{quote} EXACTLY! that is the outcome of hedging! one ends up with the RIGHT direction NET trades. Averaged... How to get that successful net trading style? I have no idea. The net trading strategies I have created cant bring that much money into the account. I am not saying net trading does not work. I just say hedging (for me) works better. And I am a lame trader. A hobby trader. My hands are good for holding boobs and money only. I use them for jerking off, as well. And I suppose, most guys on the market are probably like me... That is why I protect...
its same, without: hedging more cost and by extrem margin sometimes more risk(depsnds on broker how its calculated if spread is widening extrem)
  • #125
  • Sep 25, 2017 11:39am Sep 25, 2017 11:39am
Quoting MoneyZilla
{quote}I have start hedging it from 09:43 on 8 Sep 2017 (London time). ...
Very interesting observation I have just made. All first five closures were with sell lots dominance, at the time of closure. Today I got the first buy closure! Could it a change of the trend or it is maybe a false buy move? I do not know. But it worth paying an attention in a sell trend all closures were with sell lots and now this closure is with majority of buy lots... Lets see it is means something or it is just nothing? It is does mean, I am very worried about Ronda's profit...
Maadik Hugiis. IQ 69.
  • #126
  • Sep 25, 2017 5:58pm Sep 25, 2017 5:58pm
I think the math that mm makes is kinda stupid when they are 'anti-hedging'. Often hedgers are like if you have -1%, -1% then 3% you have +1%. Then MM say but if you have a 3 to 1 RR, then you have -1%, -1% then +3% you also have +1%. But not really, because if you have $100.00, 1% is 1.00, you loose the 1%, then you have $99.00, then if you loose another 1%, you loose .99 cents, and have $98.01. Then gain 3% of $98.01 you then have a gain of $2.94, bringing your total account to $100.95. But if you hedge correctly, you will have $101.00 (omitting commission and spread in both cases). So I don't know why MM think they're winning.. guess they just don't know how to hedge properly..
  • #127
  • Sep 26, 2017 11:57am Sep 26, 2017 11:57am
Sat on my hands today. Very nice, clean down movement. Closed at target ($50,000 USC) for a very first time. I usually fuck up my sessions by taking too small profits. Account is 754k USC after closure.

Saw today an opportunity for a quite complex mix of 2-3 limit approaches, combined with 1 stop, for a low DD trading within the same pair. Very interesting... Maybe it is possible?
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Maadik Hugiis. IQ 69.
  • #128
  • Sep 26, 2017 12:03pm Sep 26, 2017 12:03pm
Also closed this morning the super aggressive hedge guy. Near the top I believe...
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Maadik Hugiis. IQ 69.
  • #129
  • Sep 26, 2017 12:13pm Sep 26, 2017 12:13pm
This or next week will chase the DAX a little. Have heard it is a hard pair to chase. Really doubt that. We'll see how hard DAX is.

Now bug fixing new indicator releases and waiting for the new EA that compounds baskets into a bigger trade, thus keeping the MT4 terminal alive, which is hard to happen now... Strangely, it is the simplest EA ever designed by me. It has almost nothing. It is just one simple exit strategy that hedges. That is all. All complex EAs prior to that one are going to the bin...
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Maadik Hugiis. IQ 69.
  • #130
  • Sep 26, 2017 6:48pm Sep 26, 2017 6:48pm
Quoting dukas_trader
{quote} really, noone will speak with you often if you dont start learn the math. if you trade in win with hedging, you would have much more win with not hedging, point. or in extrem cases same win. so simple is this case and math. you will not understand it, but really its my last post about this topic in this for you, i cant help you more, you dont want see and dont want learn basic math.
If that's your logic what hedging is, you really don't know what we are talking about... anyways pearls to swine.. lol
  • #131
  • Sep 26, 2017 7:29pm Sep 26, 2017 7:29pm
Quoting cyguy
{quote} If that's your logic what hedging is, you really don't know what we are talking about... anyways pearls to swine.. lol
??? ask me a question, your text is extrem stupid so, because you did not see it in context.
my text is perfect correct by math, if you cant understand it, tell me your problem with it and i can help you,

but please: know math first , then rethink, then write. or you will be angry about yourself later when you see "pearls to swine" is yourself.
  • #132
  • Sep 26, 2017 9:39pm Sep 26, 2017 9:39pm
if you hedge for the purpose you explained, I don't doubt math.
Quoting dukas_trader
{quote} ??? ask me a question, your text is extrem stupid so, because you did not see it in context. my text is perfect correct by math, if you cant understand it, tell me your problem with it and i can help you, but please: know math first , then rethink, then write. or you will be angry about yourself later when you see "pearls to swine" is yourself.
  • #133
  • Sep 27, 2017 6:04am Sep 27, 2017 6:04am
Quoting cyguy
if you hedge for the purpose you explained, I don't doubt math. {quote}
?? i dont understand, can you explain what you speak about?
  • #134
  • Sep 27, 2017 3:33pm Sep 27, 2017 3:33pm
You said :
Quoting dukas_trader
{quote} if you trade in win with hedging, you would have much more win with not hedging, point.
. So im assuming you think if the direction is going up, you keep adding orders as long as the net is positive, then close the hedge once some orders are negative, but resulting in an overall positive value. In this instance, no one here is doubting the math dukas. Hope that helps your fx journey
  • #135
  • Sep 27, 2017 3:36pm Sep 27, 2017 3:36pm
Quoting cyguy
You said :{quote}. So im assuming you think if the direction is going up, you keep adding orders as long as the net is positive, then close the hedge once some orders are negative, but resulting in an overall positive value. In this instance, no one here is doubting the math dukas. Hope that helps your fx journey
NO.

when you trade same strategy with hedging and with no hedging: then you have always more win with no hedging or same win (when you merge (close by) all hedged trades before rollover time).

what do you mean with adding order? i dont hedge or martingale! i am no beginner :-). looks you need to learn so much on your road to at least medium level. but you need to read more carefully. because you did explain my sentences complete wrong.
  • #136
  • Sep 27, 2017 4:42pm Sep 27, 2017 4:42pm
Quoting dukas_trader
{quote} NO. when you trade same strategy with hedging and with no hedging: then you have always more win with no hedging or same win (when you merge (close by) all hedged trades before rollover time). what do you mean with adding order? i dont hedge or martingale! i am no beginner :-). looks you need to learn so much on your road to at least medium level. but you need to read more carefully. because you did explain my sentences complete wrong.
would you like to enlighten us what you think a hedge is?
  • #137
  • Sep 27, 2017 5:11pm Sep 27, 2017 5:11pm
Quoting cyguy
{quote} would you like to enlighten us what you think a hedge is?
ok, but please inform you next time earlier, and dont speak in a topic about hedging when you dont know whats an hedge trade.

a hedge trade is opening opposite new order to reduce net position, in opposite to the smarter way simple closing parts of the existing order to get same results, like all advanced traders do.

i see, you are extrem new in trading, but difficult to show you this, many beginner traders have problems with understand hedging, for whatever reason. its so easy normally.
  • #138
  • Sep 27, 2017 7:44pm Sep 27, 2017 7:44pm
Ouch.
Good Trading
  • #139
  • Sep 27, 2017 7:48pm Sep 27, 2017 7:48pm
Quoting dukas_trader
{quote} ok, but please inform you next time earlier, and dont speak in a topic about hedging when you dont know whats an hedge trade. a hedge trade is opening opposite new order to reduce net position, in opposite to the smarter way simple closing parts of the existing order to get same results, like all advanced traders do. i see, you are extrem new in trading, but difficult to show you this, many beginner traders have problems with understand hedging, for whatever reason. its so easy normally.
well like I said, if you hedge in this manner, then I agree with your math, no disagreements! again, good luck in your fx journey, stay green.
  • #140
  • Sep 27, 2017 11:33pm Sep 27, 2017 11:33pm
Guys, thank you for the discussion about hedging.

I have different point of view. I see hedging as keeping buys and sells open at the same time. For me hedging is to follow the rate and be prepared, at any moment, for a turn around movement.

Here is an example of how fast (not so) I change my loyalty. You can see buys (blue) and sells (orange) lots jumping around.
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Updated the EA with the latest version which prints P/L snapshots.
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Session started at 30.8.2017. Almost a month from now. Never did any closures. Likely, never will. At the moment, profit is 73% ($7,300) on the account. Max DD was -5% (-$500).
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Shortly put, I am not loyal to any of the directions, that is why, in most of the time, I like to have from both types of trades.
The described by me above is strictly a hobby trader style and my desire is to stay such for my entire life.

The goal of my posts is to show you it is possible to make money with hedging. My kind of hedging. Don't know about your kind...
Maadik Hugiis. IQ 69.
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