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Just learned about hedging, does anyone use it for scalping?

  • #461
  • Edited Sep 12, 2020 12:10am Sep 11, 2020 11:24pm | Edited Sep 12, 2020 12:10am
Quoting MoneyZilla
M1 goes for 2.4k pips on the straight line?!?

Weak memory. IQ just 69. dumby, london, general electric, and many more said i am an idiot. I now believe all that.

It was not 2.4k pips. it was $1,800 to $2,062, which is 2.62k pips. In between the two opposite signals.

And for hedging this means? Only an idiot could possibly understand that...

By the way, all five days of the week deliver identical results with minor interruptions. This one is so clean. The other four folks do collect a net in between 2k and 2.4k pips, each.

And look at the retrace back? Sell to retrace bottom is nearly ANOTHER 2k pips or $200, if you like?

This is the heaven of hedging...

ZZ is Zeus...

Attached Image (click to enlarge)
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p.s. yeah, all guys with their TPs of anything like 120-140 or 200 pips, whatever, good luck to nail that distance of 2k to 2.6k pips per entry!

Hedging seems absolutely the same as one sided trading and it is a completely useless STUPID FUCKING SHIT, right?
Maadik Hugiis. IQ 69.
  • #462
  • Sep 11, 2020 11:36pm Sep 11, 2020 11:36pm
Yep the funniest thing that all these people better discourse about RR and SL (that is totally unusable), then use their brains to understand hedge
Observer effect
  • #463
  • Sep 12, 2020 1:43am Sep 12, 2020 1:43am
Quoting MoneyZilla
{quote} Weak memory. IQ just 69. dumby, london, general electric, and many more said i am an idiot. I now believe all that. It was not 2.4k pips. it was $1,800 to $2,062, which is 2.62k pips. In between the two opposite signals. And for hedging this means? Only an idiot could possibly understand that... By the way, all five days of the week deliver identical results with minor interruptions. This one is so clean. The other four folks do collect a net in between 2k and 2.4k...
@MoneyZilla: What timeframe(s) and what currencies do you trade mainly?

Best regards,
Renko
  • #464
  • Sep 12, 2020 3:21am Sep 12, 2020 3:21am
Quoting renkotop
{quote} @MoneyZilla: What timeframe(s) and what currencies do you trade mainly? Best regards, Renko

All usd pairs + ej and eg. Heavy on gu, too. h4 and higher with flips. Any tf with short trend dominance and hedge.
Maadik Hugiis. IQ 69.
  • #465
  • Sep 12, 2020 4:21am Sep 12, 2020 4:21am
Quoting MoneyZilla
{quote} Well, my education class continues, obviously... The balance goes -negative. The locked profits grows +positive, a lot more and a lot faster than the account balance goes in a negative. That is why the equity stays locked and from time to time, increases slightly or not so slightly. What is more important, the equity curve does not allow significant losses to alter it. Just the operational tiny draw-down is the only thing that bothers that kind of hedging equity curves... until the next kick in the price is made and more pips/money are being...
Salam alaikum, I trade similar. Do you use any EA to open a x amount of lots within a batch? Or do you do it manually?
  • #466
  • Sep 12, 2020 5:30am Sep 12, 2020 5:30am
Quoting MoneyZilla
{quote} Weak memory. IQ just 69. dumby, london, general electric, and many more said i am an idiot. I now believe all that. It was not 2.4k pips. it was $1,800 to $2,062, which is 2.62k pips. In between the two opposite signals. And for hedging this means? Only an idiot could possibly understand that... By the way, all five days of the week deliver identical results with minor interruptions. This one is so clean. The other four folks do collect a net in between 2k and 2.4k...
Hey MoneyZilla.

You are speaking to the converted. Great input on this thread.

Over the course of my current trading journey, I've had many aha moments that have transformed my results, and delving into hanging is one of them.

I decided to try hedging into my current trading strategy and the results have been mind-blowingly positive.

I've forward tested hedging on a demo account and it took out of a hole that I got in using the risk-reward / binary approach.

I've manually backtested numerous times and the result always ends up net profit.

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The next step for me? I am opening a second small live account to forward-test. Hopefully, this thread stays buzzing and I can share my results here.

Appreciate your input.

Have an awesome weekend.
Give the market little, Aim to take a lot!
  • #467
  • Sep 12, 2020 1:04pm Sep 12, 2020 1:04pm
Quoting tradur
{quote} Salam alaikum, I trade similar. Do you use any EA to open a x amount of lots within a batch? Or do you do it manually?
Alaikum salam, using EAs only.
Maadik Hugiis. IQ 69.
  • #468
  • Sep 12, 2020 1:13pm Sep 12, 2020 1:13pm
Quoting Calsimay
The next step for me? I am opening a second small live account to forward-test.

May i suggest to you to use live cent account, instead of opening a small live account?

If I was you, i would move all ft into a live cent account. The difference is enormous in between demo and live cent. Do it, and you will immediately feel what I mean.

Meanwhile, give yourself time to gain confidence in your hedging systems and your own self, by trading cents instead of dollars.

A year or two or three won't make any difference in your life while risking cents... While, if you blow away even few small accounts?!? You might and most likely will miss it very very big. An overstrading problem might cut you off forever from your chances, of making trading a good small business for yourself. In cent account there is no such thing as overtrading, as you top up $400 and here you go, you got yourself another $40,000 us cents and you do save the trading session/system and move on learning a lesson WITHOUT LOSING A DIME!
Maadik Hugiis. IQ 69.
  • #469
  • Sep 12, 2020 1:45pm Sep 12, 2020 1:45pm
Back by popular demand haha Four days of trading the 15m timeframe LAST WEEK. A total of 4 BASKETS opened, Friday's basket still open. Don't forget to keep a watchfull eye on the HIGHER TIMEFRAME, bottom right corner of chart.

How many PIPS would YOU have racked up? It really does not get much simpler than this!
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  • #470
  • Sep 13, 2020 1:58am Sep 13, 2020 1:58am
Quoting wingate
Back by popular demand haha Four days of trading the 15m timeframe LAST WEEK. A total of 4 BASKETS opened, Friday's basket still open. Don't forget to keep a watchfull eye on the HIGHER TIMEFRAME, bottom right corner of chart. How many PIPS would YOU have racked up? It really does not get much simpler than this!
Though one should keep in mind that HGI is a heavy repainter.
  • #471
  • Sep 13, 2020 3:06am Sep 13, 2020 3:06am
Quoting SputnikX
{quote} Though one should keep in mind that HGI is a heavy repainter.
Tell/Show me an indicator that does not repaint! I am assuming by your statement you have EXPERIENCE using the indicator? I have been using it for about 9 months and it 'most definately' IS NOT a HEAVY REPAINTER. Like ANY tools YOU need to find YOUR way of 'taming' the beast and in NO way is it a beast.
  • #472
  • Sep 13, 2020 3:10am Sep 13, 2020 3:10am
Quoting wingate
{quote} Tell/Show me an indicator that does not repaint! I am assuming by your statement you have EXPERIENCE using the indicator? I have been using it for about 9 months and it 'most definately' IS NOT a HEAVY REPAINTER. Like ANY tools YOU need to find YOUR way of 'taming' the beast and in NO way is it a beast.
yes it does heavily repaint, and most indis don't repaint
  • #473
  • Sep 13, 2020 10:46am Sep 13, 2020 10:46am
Quoting MoneyZilla
{quote} May i suggest to you to use live cent account, instead of opening a small live account? If I was you, i would move all ft into a live cent account. The difference is enormous in between demo and live cent. Do it, and you will immediately feel what I mean. Meanwhile, give yourself time to gain confidence in your hedging systems and your own self, by trading cents instead of dollars. A year or two or three won't make any difference in your life while risking cents... While, if you blow away even few small accounts?!? You might and most likely...
Thanks for the suggestion MoneyZilla.

Sharing some more hedging test results from manual backtests to this thread.

I've been testing hedging as an alternative to stop-loss / risk-reward with my trading strategy.

Will continue to test and share results here.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Give the market little, Aim to take a lot!
  • #474
  • Edited 12:58pm Sep 13, 2020 11:27am | Edited 12:58pm
Quoting ionone
{quote} yes it does heavily repaint, and most indis don't repaint
IF you are so sure please let me know which ones DON'T repaint as I am really interested to know

If the HGI indi repaints so heavily and you don't like it then use one of your 'non repainting' indicators for SIGNALS instead I never said you HAVE to use it infact I have previously recommended that you use a MAXIMUM 2 indies that you are comfortable with using, GEEZ doesn't matter which thread you follow there is always some bright spark who eventually turns up prattling on about repainting, THEY ALL REPAINT, some more than others GET OVER IT!!! The method is the same whichever one you use, don't like HGI simple... DON'T USE IT but don't knock the method just because you are opposed to one particular indie .

Rant Over
  • #475
  • Sep 13, 2020 1:56pm Sep 13, 2020 1:56pm
Quoting wingate
{quote} IF you are so sure please let me know which ones DON'T repaint as I am really interested to know If the HGI indi repaints so heavily and you don't like it then use one of your 'non repainting' indicators for SIGNALS instead I never said you HAVE to use it infact I have previously recommended that you use a MAXIMUM 2 indies that you are comfortable with using, GEEZ doesn't matter which thread you follow there is always some bright spark who eventually turns up prattling on about repainting, THEY ALL REPAINT, some more than others...
It is not a question of whether using a repainting indicator or not. Of course you are free to do so. The point is that your chart in post 469 does not reflect the behaviour of the HGI in realtime and that your statement "It really does not get much simpler than this" should therefore be treated with caution.
  • #476
  • Sep 13, 2020 5:25pm Sep 13, 2020 5:25pm
Quoting SputnikX
{quote} It is not a question of whether using a repainting indicator or not. Of course you are free to do so. The point is that your chart in post 469 does not reflect the behaviour of the HGI in realtime and that your statement "It really does not get much simpler than this" should therefore be treated with caution.
Obviously you have not even bothered to read the thread from 'the begining', if you had instead of jumping to the last two pages you would have discovered that from posts 431-436 I showed my trades FOR EACH DAY LAST WEEK from Tuesday 8th through to Friday 11th September!!! The trades were taken via signals given by THE HGI INDICATOR. Again if you have researched anything about this indicator (Which I very much doubt you have based on what you have or haven't said thus far) then you would be aware that the higher the timeframe that this indicator is used on THE MORE ACCURATE THE SIGNALS ARE. Well guess what, the LIVE trades I documented last week were all traded off of the 1 MINUTE TIMEFRAME

NONE and I will say again NONE of those signals repainted. Have a look at the Daily and Weekly stats, not too SHABBY for an indicator that according to you is a HEAVY REPAINTER (I bet you haven't even tried it) haha The screenshot you are referring to (post 469) was for illustrative purposes only to show the simplicity of the method NOT THE INDICATOR and was screen grabbed yesterday, you will notice it is the 15 Minute timeframe. If you cross reference that chart with the LIVE RECORDING I made at the end of each day last week you should see that the signals are very similar albeit less signals on the 15m chart which is understandable.

Please STOP TROLLING we are all trying to have a meaningful discussion here about HEDGING and not about the MERITS or LACK OF for ANY particular indicator
  • #477
  • Sep 13, 2020 6:10pm Sep 13, 2020 6:10pm
The indicators shown are irrelevant to the discussion, whether they repaint or not that would be for another thread.
The discussion is around hedging, merits for and against...,if against, please read the entire thread...
  • #478
  • Sep 14, 2020 12:46am Sep 14, 2020 12:46am
If movement expands, why not to use static distance for new hedges? For example each 100p, but longs higher highest, shorst lower lowest? Why use indicators? What for?
Observer effect
  • #479
  • Sep 14, 2020 6:32am Sep 14, 2020 6:32am
Quoting wingate
we are all trying to have a meaningful discussion here about HEDGING
What a perfect oxymoron. And I need some oxy's to tolerate all of these moron's.
Congratulations ScalaFX for coming out of the closet!
  • #480
  • Sep 14, 2020 7:20am Sep 14, 2020 7:20am
Quoting nubcake
{quote} What a perfect oxymoron. And I need some oxy's to tolerate all of these moron's.

Don't make any one leg jumps, for now. I will let you know when you can start jumping. You can also bark, if you like?
Maadik Hugiis. IQ 69.
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