Just learned about hedging, does anyone use it for scalping? | Page 33 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Does anyone have a good hedging EA? 0 replies

Does anyone use the heiken ashi indicator? 55 replies

Does anyone use GFT? 1 reply

Does Anyone use the Cycle Tool? 1 reply

Does anyone use these brokers? 0 replies

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

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

  • #641
  • Sep 18, 2020 4:43am Sep 18, 2020 4:43am
Steady on Tiger pace yourself and save some for later haha
  • #642
  • Sep 18, 2020 5:00am Sep 18, 2020 5:00am
Quoting nubcake
{quote} I liked you better when you were angry and feeding them rope for them to do with as they please. Some of them tie a good noose, it seems.
I've been on my meds the last few days. Sorry. A few of these posers are feeling picked on this morning. Fucking guys deposit their lunch money in an account and I waste my time listening to their bullshit. Fucking meds...
  • #643
  • Sep 18, 2020 5:01am Sep 18, 2020 5:01am
Quoting ryuryu
But hedge is much better, because you don't lose your equity untill you close in loss. You let's say USING it. Borrow it if you want.
Not even you believe the shit that you wrote, YOU WILL LOSE YOUR EQUITY, what you wont lose is your balance. Stop with this nonsense!!!!

"We have 3 sl in a row each takes 1%. Initial deposit is 10000. Then 10000-1%= 9990. 9990-1%=9801. 9801-1%=9702.99. So the loss will be 297.01 and trader now have 9702.99 of equity.
If we use hedge, then temporary we can have even the same equity DD, but then we exit with +1$. So now we have 10001, sl trader has 9702.99."

This as to be one of, if not the most stupid comparison someone has made here. To keep your stupid narrative you assume that the SL trader will lose trades and lose money, but for the hedge trader he will lose money but he will have a trade that will recover the losses and make money.
This is not even close to a fair comparison because you paint the worst scenario for the SL tader and you paint the best scenario for the hedging trade, what will happen when the hedging trader has the worst scenario as the SL trader.
In a fair comparison both traders will have 9702.99, why you give the hedger the chance to make the extra trade to make the losses back but wont give the SL trader the same chance???
  • #644
  • Sep 18, 2020 5:02am Sep 18, 2020 5:02am
Quoting robots4me
{quote} @wingate -- you are missing the biggest piece. Besides the commission, swap and spread, you owe your broker for the LOTS you purchased.
Why pay extra? Why not use Hedge Trade Panel...or perhaps ask a coder about OrderCloseBy...
  • #645
  • Sep 18, 2020 5:04am Sep 18, 2020 5:04am
Quoting GEfx
{quote} I've been on my meds the last few days. Sorry. A few of these posers are feeling picked on this morning. Fucking guys deposit their lunch money in an account and I waste my time listening to their bullshit. Fucking meds...
I thought you were gone already? Keep taking the meds you surely need them
  • #646
  • Sep 18, 2020 5:06am Sep 18, 2020 5:06am
Quoting moodybot
{quote} Why pay extra? Why not use Hedge Trade Panel...or perhaps ask a coder about OrderCloseBy...
Please stop disruting the thread!!!!!!
Thank you.
  • #647
  • Sep 18, 2020 5:13am Sep 18, 2020 5:13am
Some day some of you will actually realize what it is that happens when you go long, or go short, and what happens when you close that position.

All this theater is super entertaining, though. I swear, some of you must surely be way smarter than you appear, and this is just some honeypot to find the dumbest of the dumb. Nigerian Prince scams are out! "Hedging" is the new filter to find the easiest suckers.
Congratulations ScalaFX for coming out of the closet!
  • #648
  • Sep 18, 2020 5:13am Sep 18, 2020 5:13am
Quoting STrading
{quote} Please stop disruting the thread!!!!!! Thank you.
  • #649
  • Sep 18, 2020 5:13am Sep 18, 2020 5:13am
Quoting robots4me
{quote} @wingate -- you are missing the biggest piece. Besides the commission, swap and spread, you owe your broker for the LOTS you purchased.
I am totally aware of those costs, they too are inevitable costs when trading the Forex. As long as you are aware of the costs and treat them accordingly like any other business cost then where is the problem? I ran my own marketing business for 23 years so am more than capable of keeping my 'books straight'. Give up while you are ahead or behind whichever it is and concentrate on what works for you. PEACE
  • #650
  • Sep 18, 2020 5:13am Sep 18, 2020 5:13am
I can't help thinking that wingate doesn't hedge, so much as aggregate trades in a specific direction.
In a sort of pyramiding style, since he takes a direction, as keeps taking trades in that direction until momentum runs out.
Thus, the "hedges" are temporary instances of locked in losses, until the winners accumulate, and overwhelm the losses.
  • #651
  • Sep 18, 2020 5:14am Sep 18, 2020 5:14am
Quoting nubcake
Some day some of you will actually realize what it is that happens when you go long, or go short, and what happens when you close that position. All this theater is super entertaining, though. I swear, some of you must surely be way smarter than you appear, and this is just some honeypot to find the dumbest of the dumb. Nigerian Prince scams are out! "Hedging" is the new filter to find the easiest suckers.
But why does it bother you?
  • #652
  • Sep 18, 2020 5:14am Sep 18, 2020 5:14am
Quoting STrading
shit nonsense stupid stupid
Seems to me you are very clever person and a great trader! Could you please teach me how to trade? But please use math, because there is some strange inconsistencies and magic in your examples.
Observer effect
  • #653
  • Sep 18, 2020 5:18am Sep 18, 2020 5:18am
Just as an exercise, on the 1-min chart, just for a bit of fun, I put a Stochastics.
If the direction is UP, I keep taking buys (oversold), until one final oversold is lower than the previous one, triggering a close out trade of an overbought.
I accumulate trades until momentum runs out, and look for an exit.
Even if I took the corresponding overbought, I would lock in profits.

*** Not saying this is what wingate does, but I thought I would give it a good old try on a chart, rather than philosophising ***
PS: I dont think hedging can save you from a bad strategy. You still need a quantifiable edge.
Attached Image (click to enlarge)
Click to Enlarge Name: sep18a.PNG Size: 133 KB
  • #654
  • Sep 18, 2020 5:19am Sep 18, 2020 5:19am
Quoting moodybot
{quote} But why does it bother you?
How does "entertained" = "bothered" in your vocabulary? Y'all are play things with no other value. There's certainly nothing to be learned in a thread such as this when the premise is flawed from the outset, and yet some poor souls here have actually taken their time to try and explain the lunacy here... but the moon men are deaf and enjoying their Swiss cheese planet.

You are the one who is bothered by anything here, and I'm enjoying your discomfort. Thank you.
Congratulations ScalaFX for coming out of the closet!
  • #655
  • Sep 18, 2020 5:22am Sep 18, 2020 5:22am
Rest of this week. 1-mins. just for fun. not saying anything. Just seeing how it pans out.
Again, pick a direction, keep taking trades, until one trade is lower than previous on an uptrend, or higher than previous on a downtrend, to look for exit on accumulated positions.

** For educational purposes only. I do not vouch that this will result in untold riches, or yachts in the caribbean bedecked with scantily clad ladies. **
Attached Image(s) (click to enlarge)
Click to Enlarge Name: sep14a.PNG Size: 104 KB
Click to Enlarge Name: sep15a.PNG Size: 101 KB
Click to Enlarge Name: sep16a.PNG Size: 122 KB
Click to Enlarge Name: sep17a.PNG Size: 104 KB
  • #656
  • Sep 18, 2020 5:23am Sep 18, 2020 5:23am
Quoting obiwandax
I can't help thinking that wingate doesn't hedge, so much as aggregate trades in a specific direction. In a sort of pyramiding style, since he takes a direction, as keeps taking trades in that direction until momentum runs out. Thus, the "hedges" are temporary instances of locked in losses, until the winners accumulate, and overwhelm the losses.
Someone 'thinking outside of the box' for a change. Very refreshing to see, KEEP IT UP
  • #657
  • Sep 18, 2020 5:27am Sep 18, 2020 5:27am
Quoting ryuryu
{quote} But please use math
Sure, lets start then!!!!
First you need to learn math so this will be the lesson for today!!!

1+1=2
2+2=4
4+4=8
5+5=10

Once we are done with the math i will explain your hedging theories to you and why they are wrong, ok!!
  • #658
  • Sep 18, 2020 5:31am Sep 18, 2020 5:31am
Quoting nubcake
{quote} How does "entertained" = "bothered" in your vocabulary? Y'all are play things with no other value. There's certainly nothing to be learned in a thread such as this when the premise is flawed from the outset, and yet some poor souls here have actually taken their time to try and explain the lunacy here... but the moon men are deaf and enjoying their Swiss cheese planet. You are the one who is bothered by anything here, and I'm enjoying your discomfort. Thank you.
No discomfort here... your the ones getting your knickers in a twist over a little thread on hedging. And it’s got nothing to do with trader salvation...as you well know...
  • #659
  • Sep 18, 2020 5:34am Sep 18, 2020 5:34am
Quoting moodybot
{quote} No discomfort here... your the ones getting your knickers in a twist over a little thread on hedging. And it’s got nothing to do with trader salvation...as you well know...
That's right, because I'M A PLANT!!!! Tinfoil hat time! Hedge your bets in the sale of tinfoil. Buy it and sell it at the same time!
Congratulations ScalaFX for coming out of the closet!
  • #660
  • Sep 18, 2020 5:35am Sep 18, 2020 5:35am
Quoting STrading
{quote} Sure, lets start then!!!! First you need to learn math so this will be the lesson for today!!! 1+1=2 2+2=4 4+4=8 5+5=10 Once we are done with the math i will explain your hedging theories to you and why they are wrong, ok!!
I've had an interesting 24 hours here. For one guy here:
1+1= 6
2+2= 8
3+3= 12
4+4= -22
Then, later in the day:
1+1= 2
2+2= 4
3+4= 6
4+4= 8.
Math for some needs to be reworked to fit the narrative. For some.
0 traders viewing now