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Hedging/averaging trades without prediction

  • #781
  • Oct 26, 2022 11:43pm Oct 26, 2022 11:43pm
two SHORTS added @ 1594 to complete hedge AND SHORT sell@ 1588
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trading is like dancing, don't think and just listen to the music!
  • #782
  • Oct 26, 2022 11:47pm Oct 26, 2022 11:47pm
Quoting Strykes
{quote} Overall loss in dollars. But gains in pips. Because smallest lot size is 0.01 for EU and GU versus 1.00 lot for DE40. I guess I could even out the pips per dollar amount throughout my entire trades to standardise my hedge wins. Never really thought of that before. But yeah, overall is LOSS for dollar amount.
Ok try to stick with the same lot size or it will start getting confusing, what I was trying to get at was if you was in overall profit, you have the option to close your floating losses draw a line under it and start again
  • #783
  • Oct 27, 2022 12:04am Oct 27, 2022 12:04am
pending SHORT@ 1595 and 1601, no tp
trading is like dancing, don't think and just listen to the music!
  • #784
  • Oct 27, 2022 12:08am Oct 27, 2022 12:08am
all tps canceled....interim statement;-)
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trading is like dancing, don't think and just listen to the music!
  • #785
  • Oct 27, 2022 12:23am Oct 27, 2022 12:23am
Quoting Waveskierrob
{quote} Ok try to stick with the same lot size or it will start getting confusing, what I was trying to get at was if you was in overall profit, you have the option to close your floating losses draw a line under it and start again
Oh I get what you mean now. Yea I think I was in profits before the hedge started getting messy. Thinking about it now, maybe I should limit the amount of open trades and put an ultimate 'stoploss' to close down my floating losses before it got bigger and bigger. Right now I'm probably going to close my bottom [2 Sells] at a loss, then unhedge my other trades, to finally closing them...if possible.

Good thing I'm learning a lot before going LIVE trading.
  • #786
  • Oct 27, 2022 12:58am Oct 27, 2022 12:58am
TRADE 42.......EU pending SHORT @ 10060 no sl tp +3 and pending LONG @ 10070 no sl tp+3
  • #787
  • Oct 27, 2022 1:03am Oct 27, 2022 1:03am
Quoting Waveskierrob
TRADE 42.......EU pending SHORT @ 10060 no sl tp +3 and pending LONG @ 10070 no sl tp+3
LONG pending triggered
  • #788
  • Oct 27, 2022 1:08am Oct 27, 2022 1:08am
Quoting Waveskierrob
TRADE 42.......EU pending SHORT @ 10060 no sl tp +3 and pending LONG @ 10070 no sl tp+3
pending SHORT triggered
  • #789
  • Oct 27, 2022 1:09am Oct 27, 2022 1:09am
Quoting Waveskierrob
{quote} pending SHORT triggered
pending SHORT and LONG 10065 no sl no tp
  • #790
  • Oct 27, 2022 1:13am Oct 27, 2022 1:13am
Quoting Waveskierrob
{quote} pending SHORT and LONG 10065 no sl no tp
both pending triggered
  • #791
  • Oct 27, 2022 1:17am Oct 27, 2022 1:17am
Quoting Waveskierrob
{quote} both pending triggered
LONG tp hit + 3
  • #792
  • Oct 27, 2022 1:18am Oct 27, 2022 1:18am
Quoting Waveskierrob
{quote} LONG tp hit + 3
LONG closed @ 10074 +9
  • #793
  • Oct 27, 2022 1:20am Oct 27, 2022 1:20am
SHORT @ 10077 no sl no tp
  • #794
  • Oct 27, 2022 1:24am Oct 27, 2022 1:24am
Quoting Waveskierrob
SHORT @ 10077 no sl no tp
Closed SHORT @ 10064 +13
  • #795
  • Oct 27, 2022 1:30am Oct 27, 2022 1:30am
Go for it Wave. yaaaaaaaaaaaaaaaaaaay.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #796
  • Oct 27, 2022 1:35am Oct 27, 2022 1:35am
SHORT @ 10070 no sl no tp
  • #797
  • Oct 27, 2022 1:41am Oct 27, 2022 1:41am
Quoting Waveskierrob
SHORT @ 10070 no sl no tp
Closed SHORT @10060 +10
  • #798
  • Oct 27, 2022 1:44am Oct 27, 2022 1:44am
Quoting Waveskierrob
{quote} pending SHORT and LONG 10065 no sl no tp
Closed SHORT @ 10060 +5
  • #799
  • Oct 27, 2022 1:49am Oct 27, 2022 1:49am
SHORT @ 10065 no sl no tp
  • #800
  • Oct 27, 2022 1:55am Oct 27, 2022 1:55am
Quoting Waveskierrob
SHORT @ 10065 no sl no tp
Closed SHORT 10060 +5
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