Hedging/averaging trades without prediction | Page 35 | 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

  • #681
  • Oct 25, 2022 3:10pm Oct 25, 2022 3:10pm
Essencially there are two school of thought :
-The First One as sir moneyzilla explain in his thread open two position same time same size opposite direction After some pips cut the looser One and let run the winner.
-second One this.(It looks like a sell put option were we cash the premio when we close the winner One and wait for retracement).in this One we have a certain win and infinity risk.So in case of the price doesn't retrace enough we have ti play in defense how?open other two position same same time same direction wait until One Is Deep in the Money than close and wait for retracement again.
Some time ago i have confirmatoin of what i Always suspected before ergo the market Is a sum 0/negative play were(as sir Moneyzilla said the difference between every maximum and minimum in every candle in any time frame Is 1/2 pip.)
  • #682
  • Oct 25, 2022 3:19pm Oct 25, 2022 3:19pm
Quoting dieguito80
Essencially there are two school of thought : -The First One as sir moneyzilla explain in his thread open two position same time same size opposite direction After some pips cut the looser One and let run the winner. -second One this.(It looks like a sell put option were we cash the premio when we close the winner One and wait for retracement).in this One we have a certain win and infinity risk.So in case of the price doesn't retrace enough we have ti play in defense how?open other two position same same time same direction wait until One Is Deep...
This is army bro, not school.
1.02^200
  • #683
  • Oct 25, 2022 3:21pm Oct 25, 2022 3:21pm
Quoting dieguito80
Essencially there are two school of thought : -The First One as sir moneyzilla explain in his thread open two position same time same size opposite direction After some pips cut the looser One and let run the winner. -second One this.(It looks like a sell put option were we cash the premio when we close the winner One and wait for retracement).in this One we have a certain win and infinity risk.So in case of the price doesn't retrace enough we have ti play in defense how?open other two position same same time same direction wait until One Is Deep...
I had and still have a lot of respect for Moneyzilla
  • #684
  • Oct 25, 2022 3:24pm Oct 25, 2022 3:24pm
I would like to add the last thought
The market Is Always in trend and Always in range It depend from what time frame we are looking for hence this One Is a range strategy or swing/retracement strategy or whatever similari ergo we have to avoid extrmely trendy condition how?there Is no answer of this Just react maybe with a bigger grid between the hedge order.
  • #685
  • Oct 25, 2022 3:34pm Oct 25, 2022 3:34pm
Quoting dieguito80
I would like to add the last thought The market Is Always in trend and Always in range It depend from what time frame we are looking for hence this One Is a range strategy or swing/retracement strategy or whatever similari ergo we have to avoid extrmely trendy condition how?there Is no answer of this Just react maybe with a bigger grid between the hedge order.
Let MoneyZilla speak https://www.forexfactory.com/thread/...4#post13850964
1.02^200
  • #686
  • Oct 25, 2022 3:41pm Oct 25, 2022 3:41pm
Quoting dieguito80
I would like to add the last thought The market Is Always in trend and Always in range It depend from what time frame we are looking for hence this One Is a range strategy or swing/retracement strategy or whatever similari ergo we have to avoid extrmely trendy condition how?there Is no answer of this Just react maybe with a bigger grid between the hedge order.
Please forgive me but not really sure what you are getting at (sorry if English is not your first language) many thanks for your post....
  • #687
  • Oct 25, 2022 3:48pm Oct 25, 2022 3:48pm
Quoting Waveskierrob
{quote} pending SHORT no sl no tp .....pending LONG no sl tp +3 @ 9970
cancelled pending trades ......SHORT @ 9969 no sl no tp
  • #688
  • Oct 25, 2022 5:17pm Oct 25, 2022 5:17pm
I have a question: How long do you trade that approach already, Waveskierrob? I know it is Demo, but before? What is your currently biggest open position of longs/shorts which are not covered? (I know in Demo here you look really good, I think nothing is left open).

And the biggest question I have: How do you manage your loss? I know you talk about random entry and I understand but why do you sometimes decide to let pips on the table? You don't open always a new position directly and that cannot be a random approach but you do it anyway?

I give you an example:

Quoting Waveskierrob
{quote} SHORT again [email protected] LONG 7040 no sl tp +3
In this trade you were down with I think 3 shorts. To hedge the last one you decided to go (pending) LONG on 7040 (which luckily did not get hit) but why have you not put that hedge directly @7035 like you opened your short?

And here, I think comes in your experience. This is your earning. Because your long @7040 was not triggered you earned (more) money on that trade all in all. And that new traders don't understand. How do you judge to wait 5 more pips before hedging? Because of market conditions? Thanks for answering!
  • #689
  • Oct 25, 2022 5:54pm Oct 25, 2022 5:54pm
Quoting Waveskierrob
{quote} cancelled pending trades ......SHORT @ 9969 no sl no tp
Closed SHORT 9959 +10
  • #690
  • Oct 25, 2022 5:56pm Oct 25, 2022 5:56pm
Quoting Waveskierrob
{quote} SHORT again 9961 no sl no tp
Closed SHORT 9959 +2
  • #691
  • Oct 25, 2022 5:59pm Oct 25, 2022 5:59pm
Quoting Waveskierrob
Hey Leona my trades must be killing you.... TRADE 38 ...EU....SHORT and LONG no sl tp +3...@ 9957
Cloved SHORT 9959 -2
  • #692
  • Oct 25, 2022 6:05pm Oct 25, 2022 6:05pm
TRADE 38 total LONG +3 SHORT +10 +2 -2 =+10 = +13......running total = +467
  • #693
  • Oct 25, 2022 7:05pm Oct 25, 2022 7:05pm
UJ pending LONG @147.84, no tp yet
1.02^200
  • #694
  • Oct 25, 2022 7:23pm Oct 25, 2022 7:23pm
Long us30 @31739, tp @31813
1.02^200
  • #695
  • Oct 25, 2022 8:06pm Oct 25, 2022 8:06pm
Quoting d5400
Long us30 @31739, tp @31813
Another LONG @ 31704
1.02^200
  • #696
  • Oct 25, 2022 8:37pm Oct 25, 2022 8:37pm
Quoting d5400
{quote} Another LONG @ 31704
closed both at 31734, so +25
1.02^200
  • #697
  • Oct 25, 2022 8:57pm Oct 25, 2022 8:57pm
AUDJPY short @94.72, tp +32
1.02^200
  • #698
  • Oct 25, 2022 10:02pm Oct 25, 2022 10:02pm
Quoting d5400
AUDJPY short @94.72, tp +32
Another short @94.85
1.02^200
  • #699
  • Oct 25, 2022 10:32pm Oct 25, 2022 10:32pm
Quoting d5400
{quote} Another short @94.85
Long @94.881 [email protected]
1.02^200
  • #700
  • Oct 26, 2022 1:01am Oct 26, 2022 1:01am
Quoting Waveskierrob
{quote} I had and still have a lot of respect for Moneyzilla
Reported missing, ever since Covid started.
Attached Image (click to enlarge)
Click to Enlarge Name: Missing you so much.jpg Size: 48 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
3 traders viewing now