Hedging/averaging trades without prediction | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Mathematical hedging strategy without a stop loss 22 replies

'Averaging Down Is for Losers' - valid or not? 27 replies

Fast Averaging versus Slow Averaging 1 reply

Averaging 7 replies

Martigale and Averaging Down 4 replies

Attachments: Hedging/averaging trades without prediction
Exit Attachments

Hedging/averaging trades without prediction

  • #101
  • Oct 17, 2022 4:09am Oct 17, 2022 4:09am
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
TRADE 5 total +4 ...running total +19

I give up can't seem to lose ....but I will eventually..
  • #102
  • Oct 17, 2022 4:28am Oct 17, 2022 4:28am
Quoting Waveskierrob
{quote} Good question I know different countries/brokers have different rates +2 pips is not set in stone it's just for demo purposes, what I should say and thanks for pointing it out +2 pips net after the spread, I pay about 0.8 spread on GU I can't post exact price would take too long, this is general but shows you the basic idea and how I trade
Yes me too. I pay 0.8 of spread but with slipage I consider 1 pip.
However I will follow with interest your posts.
bye
  • #103
  • Oct 17, 2022 4:31am Oct 17, 2022 4:31am
Quoting 19monza64
{quote} Yes me too. I pay 0.8 of spread but with slipage I consider 1 pip. However I will follow with interest your posts. bye
and if you hold trades overnight you will pay swaps but this is something you have to work out for yourself with you own trading plan...
  • #104
  • Oct 17, 2022 4:34am Oct 17, 2022 4:34am
Quoting Waveskierrob
{quote} TRADE 5 total +4 ...running total +19 I give up can't seem to lose ....but I will eventually..
You trade are going at super speed.

Not able to catch up with you ,as my internet is bit slow.....
Let me reconnect......... gimme a momment/redail
Attached Image (click to enlarge)
Click to Enlarge Name: FN1cA_YWYAIlCNn.jpg Size: 39 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #105
  • Oct 17, 2022 4:37am Oct 17, 2022 4:37am
Quoting Waveskierrob
{quote} and if you hold trades overnight you will pay swaps but this is something you have to work out for yourself with you own trading plan...
TRADE 6...GU ...LONG and SHORT no sl +5 tp on both...@ 11275
  • #106
  • Oct 17, 2022 4:39am Oct 17, 2022 4:39am
Quoting Waveskierrob
{quote} TRADE 6...GU ...LONG and SHORT no sl +5 tp on both...@ 11275
Done this trade on purpose as I will be away from the computer and phone for a while ....as unexpected things happen
  • #107
  • Oct 17, 2022 4:40am Oct 17, 2022 4:40am
Quoting Waveskierrob
{quote} TRADE 6...GU ...LONG and SHORT no sl +5 tp on both...@ 11275
LONG tp hit +5
  • #108
  • Oct 17, 2022 4:43am Oct 17, 2022 4:43am
Quoting Pat Chiko
{quote} You trade are going at super speed. Not able to catch up with you ,as my internet is bit slow..... Let me reconnect......... gimme a momment/redail{image}
Yea now times that by 10...... this is why my mouse catches on fire ....
  • #109
  • Oct 17, 2022 4:44am Oct 17, 2022 4:44am
Quoting Waveskierrob
{quote} TRADE 6...GU ...LONG and SHORT no sl +5 tp on both...@ 11275
SHORT tp hit +5
  • #110
  • Oct 17, 2022 4:45am Oct 17, 2022 4:45am
Quoting Waveskierrob
{quote} TRADE 6...GU ...LONG and SHORT no sl +5 tp on both...@ 11275
TRADE 6 +10 running total +29...
  • #111
  • Oct 17, 2022 4:46am Oct 17, 2022 4:46am
Quoting Waveskierrob
{quote} Done this trade on purpose as I will be away from the computer and phone for a while ....as unexpected things happen
Well that happen too quick
  • #112
  • Oct 17, 2022 4:49am Oct 17, 2022 4:49am
Quoting Pat Chiko
{quote} You trade are going at super speed. Not able to catch up with you ,as my internet is bit slow..... Let me reconnect......... gimme a momment/redail{image}
Good Old Days
WARNING: This post warps space and time in its vicinity.
  • #113
  • Oct 17, 2022 4:49am Oct 17, 2022 4:49am
Ist of all best of luck for the thread.

Question : you open trade on a specific place or any where randomly???

if a trade start going against your trade then what you do??

For example : you open buy and sell trade at a time with TP and with no SL. if tp of one trade hit and price start climbing in that direction what you do then???
  • #114
  • Oct 17, 2022 4:55am Oct 17, 2022 4:55am
Quoting mwasim
Ist of all best of luck for the thread. Question : you open trade on a specific place or any where randomly??? if a trade start going against your trade then what you do?? For example : you open buy and sell trade at a time with TP and with no SL. if tp of one trade hit and price start climbing in that direction what you do then???
Yes randomly but that doesnt mean that you have to. you could have your own trigger, I trade randomly to show its not about prediction more MM and patience to make profit in this game.... unfortunately all trades have been good to me but sooner or later I will need to dig myself out of a hole...... back in half an hour hopefully
  • #115
  • Oct 17, 2022 5:01am Oct 17, 2022 5:01am
Quoting Waveskierrob
{quote} and if you hold trades overnight you will pay swaps but this is something you have to work out for yourself with you own trading plan...
hi mate the positive swap is payed to you which determines sometime for me to hold a trade like mxnusd
people leave, but this thread will go on for ever
  • #116
  • Oct 17, 2022 5:38am Oct 17, 2022 5:38am
Quoting Waveskierrob
{quote} Yea now times that by 10...... this is why my mouse catches on fire ....

I'm sure you moused named Speedy Gonzalez, if not it going to be Jerry ?.... ( wild guess)...
Attached Image (click to enlarge)
Click to Enlarge Name: on fire.jpg Size: 110 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #117
  • Oct 17, 2022 5:42am Oct 17, 2022 5:42am
Quoting Waveskierrob
{quote} 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 ...
good to have this option...

so i guess you dont care about numbers like risk/reward, profitfactor, etc...;-)
trading is like dancing, don't think and just listen to the music!
  • #118
  • Oct 17, 2022 6:00am Oct 17, 2022 6:00am
Quoting Aussi
{quote} hi mate the positive swap is payed to you which determines sometime for me to hold a trade like mxnusd
Your are right but on average over different pairs I always end up forking out more than I get in
  • #119
  • Oct 17, 2022 6:06am Oct 17, 2022 6:06am
Quoting birdland
{quote} good to have this option... so i guess you dont care about numbers like risk/reward, profitfactor, etc...;-)
no, I just take whatever the markets gives me, some days in the minus some days big plus some days little plus, hence why I never give myself like a 1% a day target as I never know what the markets will do, just make hay when the sun shines
  • #120
  • Oct 17, 2022 6:08am Oct 17, 2022 6:08am
Quoting Waveskierrob
{quote} Your are right but on average over different pairs I always end up forking out more than I get in
yes we get caught at times mate
people leave, but this thread will go on for ever
2 traders viewing now