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Mathematical hedging strategy without a stop loss 22 replies

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Attachments: Hedging/averaging trades without prediction
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Hedging/averaging trades without prediction

Quoting birdland
[email protected], no tp
closed for +7
trading is like dancing, don't think and just listen to the music!
closed other shorts too for +7, +9

one left
trading is like dancing, don't think and just listen to the music!
[email protected], tp+4
trading is like dancing, don't think and just listen to the music!
[email protected], tp6
trading is like dancing, don't think and just listen to the music!
Quoting birdland
[email protected], tp6
closed all shorts and positions. (only one loss trade)

day end: +78pips with boring AN;-)

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it is definitely possible to trade this vehicle and i think despite its a bit slow, its more save to start trading this pair then volatile pairs like GU or GJ.

the start was random with a hedge. but after that its critical to manage the positions, especially these with a floating loss.
trading is like dancing, don't think and just listen to the music!
Quoting birdland
{quote} closed all shorts and positions. (only one loss trade) day end: +78pips with boring AN;-) {image} it is definitely possible to trade this vehicle and i think despite its a bit slow, its more save to start trading this pair then volatile pairs like GU or GJ. the start was random with a hedge. but after that its critical to manage the positions, especially these with a floating loss.
Good trading Bird, it's nice when price comes back to your starting position, makes life a bit easier..

I've been "freestyling" on EG today using higher highs/lower lows etc no fixed TPs or gaps. Currently in 2 sells/2buys and looking to drop the sells.
Quoting birdland
{quote} closed all shorts and positions. (only one loss trade) day end: +78pips with boring AN;-) {image} it is definitely possible to trade this vehicle and i think despite its a bit slow, its more save to start trading this pair then volatile pairs like GU or GJ. the start was random with a hedge. but after that its critical to manage the positions, especially these with a floating loss.
How do you manage positions?
Quoting sampat
{quote} How do you manage positions?
by constantly having to decide whether to hedge, average or close a position and when and from what point in time. to keep the balance between longs and shorts.

I can hear that you have not yet had any experience with this. the best thing is to open a demo account and try it out for yourself.
trading is like dancing, don't think and just listen to the music!
Quoting birdland
{quote} by constantly having to decide whether to hedge, average or close a position and when and from what point in time. to keep the balance between longs and shorts. I can hear that you have not yet had any experience with this. the best thing is to open a demo account and try it out for yourself.
I don't use hedge as a strategy, I put hedge at my stoploss if my position is big just to stop bleeding and prevent revenge trading.
Quoting birdland
{quote} by constantly having to decide whether to hedge, average or close a position and when and from what point in time. to keep the balance between longs and shorts. I can hear that you have not yet had any experience with this. the best thing is to open a demo account and try it out for yourself.
Absolutely killing it Bird, looks like you've built massive confidence using this style
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a little hedging starting with a 200$ account, with higher risk..not for the faint hearted.
Quoting d5400
{quote} Is it random, or do you look for some PA?
It is not random but no quantifiable signals either. I just feel the market out but keep in mind that I probably don't know where the market is going 98% of the time or at least my timing will be off, so when I am unhedged I generally look to get hedged pretty quick. Then just average when the price goes against and get out for something acceptable (often a loss but I have generally taken a lot of small profits through the hedges so overall it is a win).
Quoting Waveskierrob
{quote} Absolutely killing it Bird, looks like you've built massive confidence using this style
yes thanks, it may sound arrogant but compared to GU trading it was a piece of cake with AN.

the only disadvantage is that it was work, so time-consuming, and i even fell asleep in between because the thing hardly moves;-)
trading is like dancing, don't think and just listen to the music!
TRADE 58 ...GU LONG and SHORT @ 12280 no sl tp +5
Quoting Waveskierrob
TRADE 58 ...GU LONG and SHORT @ 12280 no sl tp +5
LONG tp hit +5
Quoting Waveskierrob
TRADE 58 ...GU LONG and SHORT @ 12280 no sl tp +5
SHORT tp hit +5
TRADE 58 +10 .....running total = +721
Quoting Waveskierrob
TRADE 58 +10 .....running total = +721
That seemed pretty precise. It went up for +5 and then dropped.
1.02^200
Quoting d5400
{quote} That seemed pretty precise. It went up for +5 and then dropped.
pure luck at it's finest ...doesn't always go that way but happy when it does ....
TRADE 59....DJIA ....SHORT @ 34300 no sl tp +5
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