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Hedging/averaging trades without prediction

  • #81
  • Oct 17, 2022 3:29am Oct 17, 2022 3:29am
Quoting Waveskierrob
Ok this time someone else shout LONG or SHORT
...anyone ??????
  • #82
  • Oct 17, 2022 3:31am Oct 17, 2022 3:31am
Quoting Waveskierrob
{quote} ...anyone ??????
GBPUSD?

LOOOOOOOOOOOOOOOOOOOOOONG!!



Sorry in advance if price goes down!
  • #83
  • Oct 17, 2022 3:32am Oct 17, 2022 3:32am
Quoting TheWolf
{quote} GBPUSD? LOOOOOOOOOOOOOOOOOOOOOONG!! Sorry in advance if price goes down!
we have a winner hopefully this will go against me
  • #84
  • Oct 17, 2022 3:32am Oct 17, 2022 3:32am
TRADE 4... GU...LONG 11235 no sl tp+5
  • #85
  • Oct 17, 2022 3:36am Oct 17, 2022 3:36am
Ups!

If you ever need someone to give you bad info just ask me!
  • #86
  • Oct 17, 2022 3:37am Oct 17, 2022 3:37am
Quoting Waveskierrob
TRADE 4... GU...LONG 11235 no sl tp+5
Pending LONG 11215 no sl no tp...Pending SHORT 11215 no sl +5 tp
  • #87
  • Oct 17, 2022 3:38am Oct 17, 2022 3:38am
Quoting Waveskierrob
TRADE 4... GU...LONG 11235 no sl tp+5
LONG tp hit +5
  • #88
  • Oct 17, 2022 3:39am Oct 17, 2022 3:39am
Quoting Waveskierrob
{quote} Pending LONG 11215 no sl no tp...Pending SHORT 11215 no sl +5 tp
Both Pending trades cancelled
  • #89
  • Oct 17, 2022 3:41am Oct 17, 2022 3:41am
running total +15, just like to say that posting these trades in front of everyone does put extra stress on me, just something for me to think about ...ok cup of tea time
  • #90
  • Oct 17, 2022 3:43am Oct 17, 2022 3:43am
Quoting Waveskierrob
running total +15, just like to say that posting these trades in front of everyone does put extra stress on me, just something for me to think about ...ok cup of tea time
Hahahah LoL. Nice!
  • #91
  • Oct 17, 2022 3:45am Oct 17, 2022 3:45am
Quoting TheWolf
Ups! If you ever need someone to give you bad info just ask me!
Didn't have to wait too long (pun intended) .... patience is the key
  • #92
  • Oct 17, 2022 3:47am Oct 17, 2022 3:47am
is anybody else going to post their trades DEMO or have any suggestions please feel free, we are all here to learn
  • #93
  • Oct 17, 2022 3:51am Oct 17, 2022 3:51am
so far i have understood everything and have already implemented it 1:1 on the demo account. it will be exciting if there is a fail...

today i took already longs&short from frankfurt open till now (TP +5). +83 pips on the balance, but -73 floating loss. ill have to fix it;-)
trading is like dancing, don't think and just listen to the music!
  • #94
  • Oct 17, 2022 3:59am Oct 17, 2022 3:59am
Quoting Strykes
Great thread, hope to learn from the different ideas here. Although you strictly say 'Trade without Prediction', I could offer you a theoretical way of hedging with some prediction. 1. Buy on support 2. Replace stoploss with a sell order below support 3. TP (2) next level support 4a. Buy if price bounces off support to TP original (1) trade (either (4) TP at (1) and (1) keeps original TP, or (1) & (4) are TP together at (1) entry (so (1) is BE trade)). 4b. Price continues going down and therefore open sell trade (therefore (1) is still opened) 5....
I will tear this strategy down and will give you clues as to where it can be improved. Waveskie and Pat can help though as I am still a learner but maybe ahead of you. Let's roll in couple of hours with another Educational Post to examine and tweak this one.
WARNING: This post warps space and time in its vicinity.
  • #95
  • Oct 17, 2022 4:00am Oct 17, 2022 4:00am
Quoting birdland
so far i have understood everything and have already implemented it 1:1 on the demo account. it will be exciting if there is a fail... today i took already longs&short from frankfurt open till now (TP +5). +83 pips on the balance, but -73 floating loss. ill have to fix it;-)
You got it, you could even close your floating loss +10 pips net and start again, but that's for you to decided, I do sometimes, it's all about giving yourself options ...
  • #96
  • Oct 17, 2022 4:01am Oct 17, 2022 4:01am
Quoting WizardTrade
{quote} I will tear this strategy down and will give you clues as to where it can be improved. Waveskie and Pat can help though as I am still a learner but maybe ahead of you. Let's roll in couple of hours with another Educational Post to examine and tweak this one.
Cheers for your support buddy
  • #97
  • Oct 17, 2022 4:02am Oct 17, 2022 4:02am
Quoting Waveskierrob
{quote} Cheers for your support buddy
My pleasure mate. Anything, for avoiding to re-invent the wheel
WARNING: This post warps space and time in its vicinity.
  • #98
  • Oct 17, 2022 4:05am Oct 17, 2022 4:05am
Right try again hopefully this one will go against me

TRADE 5...GU LONG no sl tp +2, SHORT no sl tp +2 @ 11276
  • #99
  • Oct 17, 2022 4:05am Oct 17, 2022 4:05am
Quoting Waveskierrob
Right try again hopefully this one will go against me TRADE 5...GU LONG no sl tp +2, SHORT no sl tp +2 @ 11276
LONG tp hit +2
  • #100
  • Oct 17, 2022 4:08am Oct 17, 2022 4:08am
Quoting Waveskierrob
Right try again hopefully this one will go against me TRADE 5...GU LONG no sl tp +2, SHORT no sl tp +2 @ 11276
SHORT tp hit +2
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