Disliked{quote} Closed 2 x LONGS @ 7327 + 4, -3 = +1...cancelled pending SHORTIgnored
...it is what it is
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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
Disliked{quote} Closed 2 x LONGS @ 7327 + 4, -3 = +1...cancelled pending SHORTIgnored
Disliked{quote} TRADE 52 total +10 +70 + +80.......running total = +668Ignored
Disliked{quote} TRADE 52 total +10 +70 + +80.......running total = +668Ignored
Disliked{quote} By not using a TP on the original direction, do you wait until a distance in pips, % of a move or something? Trying to understand when to pull the plug on the 'stacked' trade when in profit Hats off to you Waveskierrob by the way, this way of trading for sure is different to the usual wayIgnored
Disliked{quote} Hmm, looking at this one maybe the trick is in adding to get the whole thing to a positive position within a smaller move. Do you guys look at ATR or something to have a better understanding of how much to add to get to some sort of expected move? {image}Ignored
DislikedOh man, saw the first few posts and I can relate to this already. The only difference is it's automated & more aggressive. https://www.youtube.com/watch?v=1zKApgaX1eAIgnored
Disliked{quote} sometimes adding up, sometimes averaging, sometimes hedging. i focus always on the open lot balance and the pips floating loss/profit. and of course i use daily ADR, 5 days and 20 days. to see how much room is left for the day. but the main "trick" is to go with the flow of the market, and with the market makers.Ignored
Disliked{quote} This is how I do trade nowadays. Let me just add: 1. Indicators are a must in order to know if you will have to go long or short; 2. As in gambling, bet the least amount you are comfortable with and build up from there --- either by averaging down, averaging up, or both; 3. Have faith in your chart reading skills.Ignored
Disliked{quote} Thanks for posting, but if indicators worked then we wouldn't need to hedge/average, remember this is just a tool not a strategy, you can use charts if that's what you like but I choose not to as I trade my positions not the markets ...Ignored
Disliked{quote} In my experience, indicators work 80-70 percent of the time. It's just either I entered the trade earlier than how I read the direction would be going (i.e., it still has a momentum remaining for the current trend direction) or I'm just too lazy to plot to trade more up to the most optimum price to enter in.Ignored
Disliked{quote} If you really believe that your indicators work 70% I would go with that, keep compounding your bank and you'll be rich in no time ....Good luckIgnored
DislikedI am back to the market after some years break and last time I failed due on hedging. I've learned "To have to accept loss, it is part of the game". You have to controll this and to like "Stop loss" again. Super thread!!!Ignored
Disliked{quote} Thanks for posting...so what are you saying is that I should stop hedging and start using Stop losses because you failed at hedging...Ignored