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Hedging/averaging trades without prediction

  • #1,121
  • Nov 7, 2022 7:56pm Nov 7, 2022 7:56pm
Quoting billytt
{quote} Like you, where you actually trade hedge trades. I only hedge off a fail.. Like you say Wave you are guaranteed to win. I suppose a glitch could happen. Only this week i have experienced slippage, it does affect my trades when i am only looking for 1 pip, That is why i manually put the trade on . Manual does have its benefits.
Living in fantasy land where you don’t have to validate any claims also does have its benefits doesn’t it? ;-)

The forum is pure comedy. I wonder some of you are even able to count up to three.
  • #1,122
  • Nov 8, 2022 12:21am Nov 8, 2022 12:21am
good morning;-)
trading is like dancing, don't think and just listen to the music!
  • #1,123
  • Nov 8, 2022 12:24am Nov 8, 2022 12:24am
How it began.
Quoting Pat Chiko
GU Scalp short.{image}
Attached Image (click to enlarge)
Click to Enlarge Name: gu 351.jpg Size: 151 KB


The comments
Quoting d5400
{quote} Looks totally random. Good for you :laugh:
Quoting Swede
Not trying to be offensive, but that is anything but a random trade....

Yes, agreed on "random trade" only for the untrained eyes & mind of new trader.
Bring positive vibes wherever you go.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 353.jpg Size: 176 KB

Now I'm laughing......
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,124
  • Nov 8, 2022 12:27am Nov 8, 2022 12:27am
Quoting Pat Chiko
How it began. {quote}{image} The comments {quote} {quote} Yes, agreed on "random trade" only for the untrained eyes & mind of new trader. Bring positive vibes wherever you go. {image} Now I'm laughing......
Now this is what we called "Mandi sama Wang".
Be like water, my friend!
  • #1,125
  • Nov 8, 2022 12:35am Nov 8, 2022 12:35am
Quoting Pat Chiko
How it began. {quote}{image} The comments {quote} {quote} Yes, agreed on "random trade" only for the untrained eyes & mind of new trader. Bring positive vibes wherever you go. {image} Now I'm laughing......
Attached Image (click to enlarge)
Click to Enlarge Name: if-you-laugh-at-other-peoples-conditions-you-will-be-like-them-in-future-MOVaA.jpg Size: 18 KB

Hahaha Pat, Hahaha Pat HAhaha Pat
More time in the market, does not mean you trade better!
  • #1,126
  • Nov 8, 2022 12:42am Nov 8, 2022 12:42am
Quoting Pat Chiko
How it began. {quote}{image} The comments {quote} {quote} Yes, agreed on "random trade" only for the untrained eyes & mind of new trader. Bring positive vibes wherever you go. {image} Now I'm laughing......
I don't think this is a random trade. This is perfect setup as per my strategy that goes 90% success full but will less PIPs but good PIPs yet at per volatility.

I am testing this strategy on demo account. so far grew 30% in days. lets see what happens next.
But this strategy is our experienced one.
Good Luck Pat_Chiko, you are doing best...
  • #1,127
  • Nov 8, 2022 12:54am Nov 8, 2022 12:54am
Quoting Pat Chiko
How it began. {quote}{image} The comments {quote} {quote} Yes, agreed on "random trade" only for the untrained eyes & mind of new trader. Bring positive vibes wherever you go. {image} Now I'm laughing......
Beautiful Pat! Train them eyes
How to succeed in zero sum game?
  • #1,128
  • Nov 8, 2022 12:58am Nov 8, 2022 12:58am
lets start with a SHORT@1481, tp5
trading is like dancing, don't think and just listen to the music!
  • #1,129
  • Nov 8, 2022 1:01am Nov 8, 2022 1:01am
another SHORT@1492, tp16
trading is like dancing, don't think and just listen to the music!
  • #1,130
  • Nov 8, 2022 1:02am Nov 8, 2022 1:02am
This thread has an interesting premise. I've always been toying around with this idea in an effort to turn this into an acceptable strategy. The idea is always to enter with a reasonable entry criteria, and attach a stubborn exit to it. This stubborn exit is within "limits" and controlled in a way. And throughout the stubborn exiting, limit your exposure as much as possible to reduce the overall margin used. Sounds abstract, but that's basically it. Run some backtests with it an decide which entry criteria to use as long as the DD is acceptable. For me, a strategy like this with > 30% DD with a starting capital of $10k USD is my cap. So strategies that fail this criteria would not go live.
  • #1,131
  • Nov 8, 2022 1:08am Nov 8, 2022 1:08am
Quoting birdland
lets start with a SHORT@1481, tp5
+2 and +12, good start;-)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 29 KB
trading is like dancing, don't think and just listen to the music!
  • #1,132
  • Nov 8, 2022 1:14am Nov 8, 2022 1:14am
Quoting carddard
This thread has an interesting premise. I've always been toying around with this idea in an effort to turn this into an acceptable strategy. The idea is always to enter with a reasonable entry criteria, and attach a stubborn exit to it. This stubborn exit is within "limits" and controlled in a way. And throughout the stubborn exiting, limit your exposure as much as possible to reduce the overall margin used. Sounds abstract, but that's basically it. Run some backtests with it an decide which entry criteria to use as long as the DD is acceptable....
So far, my worst floating drawdown with forwardtesting was -16% (yesterday), and I was still able to close in profit - so everything is in the green.
trading is like dancing, don't think and just listen to the music!
  • #1,133
  • Nov 8, 2022 1:16am Nov 8, 2022 1:16am
SHORT@1468, tp5
trading is like dancing, don't think and just listen to the music!
  • #1,134
  • Nov 8, 2022 1:16am Nov 8, 2022 1:16am
Quoting Pat Chiko
{quote} GU Confluence of price action. Description on the marked up chart.{image} "while trend is clearly bullish." What TF is trend bullish by your definition. ?
Thanks for you reply, I was lookin H1 & H4 as bullish, but exhausted as well. How ever this region is sell region as per price action. I was also Short on this, but needed to confirm your trading style( to get some idea and support to my idaea )

Regards,
Kashif
  • #1,135
  • Nov 8, 2022 1:30am Nov 8, 2022 1:30am
SHORT@1477, tp15
trading is like dancing, don't think and just listen to the music!
  • #1,136
  • Nov 8, 2022 1:37am Nov 8, 2022 1:37am
Quoting birdland
SHORT@1468, tp5
closed again all SHORTS for +2 and +12,
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 29 KB
trading is like dancing, don't think and just listen to the music!
  • #1,137
  • Nov 8, 2022 1:37am Nov 8, 2022 1:37am
Quoting birdland
{quote} So far, my worst floating drawdown with forwardtesting was -16% (yesterday), and I was still able to close in profit - so everything is in the green.
It's not just about your forward test. What about your tick by tick backtest results for the last 10 years?
  • #1,138
  • Nov 8, 2022 1:41am Nov 8, 2022 1:41am
Handy for averaging
Attached File(s)
File Type: ex4 average_price_v_3_0.ex4   11 KB | 340 downloads
Pip Student
  • #1,139
  • Edited 2:02am Nov 8, 2022 1:44am | Edited 2:02am
Collection1 short 1.14635 tp5 hit already,
Collection1 long 1.14635 in play will soak for 10 mins.

From testing gu for scalping data showed 10-12 mins was a good soak time. Hoping for both to close before a new hedge. were see
Pip Student
  • #1,140
  • Nov 8, 2022 1:46am Nov 8, 2022 1:46am
Quoting carddard
{quote} It's not just about your forward test. What about your tick by tick backtest results for the last 10 years?
no, i am not an accountant;-)

I want to win and I can only do that in the present.
trading is like dancing, don't think and just listen to the music!
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