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Hedging/averaging trades without prediction

  • #2,061
  • Mar 23, 2023 8:32pm Mar 23, 2023 8:32pm
Quoting Waveskierrob
Two total different trades today, one sat on the edge of my seat the other just a walk in the park....if my DJIA trade hit both tp's straight away would have only given me +10 but as one side went massively against me I managed to bank +420 maybe something to think about...
I had same observation. It's great to be wrong and win.
1.02^200
  • #2,062
  • Mar 24, 2023 1:58am Mar 24, 2023 1:58am
TRADE 76 S+P SHORT 3953 nosl tp +5
  • #2,063
  • Mar 24, 2023 3:08am Mar 24, 2023 3:08am
Quoting Waveskierrob
TRADE 76 S+P SHORT 3953 nosl tp +5
SHORT tp hit +5 TRADE 76 +5 ....running total .........2335
  • #2,064
  • Mar 24, 2023 3:17am Mar 24, 2023 3:17am
TRADE 77 S+P SHORT and LONG 3946 nosl tp's +5
  • #2,065
  • Mar 24, 2023 3:30am Mar 24, 2023 3:30am
Quoting Waveskierrob
TRADE 77 S+P SHORT and LONG 3946 nosl tp's +5
LONG tp hit +5
  • #2,066
  • Mar 24, 2023 3:38am Mar 24, 2023 3:38am
will try an experiment with a small account, i will use no leverage or just call it leverage 1;-)

only 1 trade per day each direction.

no SL, TP between 30-80 pips

lets start with a long
Attached Image (click to enlarge)
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trading is like dancing, don't think and just listen to the music!
  • #2,067
  • Mar 24, 2023 3:41am Mar 24, 2023 3:41am
Quoting birdland
will try an experiment with a small account, i will use no leverage or just call it leverage 1;-) only 1 trade per day each direction. no SL, TP between 30-80 pips lets start with a long
Look forward to the results...
  • #2,068
  • Mar 24, 2023 3:42am Mar 24, 2023 3:42am
Quoting Waveskierrob
{quote} Look forward to the results...
me too;-)
trading is like dancing, don't think and just listen to the music!
  • #2,069
  • Mar 24, 2023 3:43am Mar 24, 2023 3:43am
Quoting Waveskierrob
TRADE 77 S+P SHORT and LONG 3946 nosl tp's +5
SHORT tp hit +5....TRADE 77 +10....running total +2345
  • #2,070
  • Mar 24, 2023 3:44am Mar 24, 2023 3:44am
....and repeat...TRADE 78 SHORT and LONG 3936 no sl tp's +5
  • #2,071
  • Mar 24, 2023 3:50am Mar 24, 2023 3:50am
Quoting Waveskierrob
....and repeat...TRADE 78 SHORT and LONG 3936 no sl tp's +5
SHORT tp hit +5
  • #2,072
  • Mar 24, 2023 3:52am Mar 24, 2023 3:52am
Averaging in to my EU long, might take me into next week, so be it.
Sounds like a lot of screen time to me.
  • #2,073
  • Mar 24, 2023 4:00am Mar 24, 2023 4:00am
Quoting Waveskierrob
....and repeat...TRADE 78 SHORT and LONG 3936 no sl tp's +5
LONG to hit +5 ...TRADE 78 +10.........running total +2355
  • #2,074
  • Mar 24, 2023 4:02am Mar 24, 2023 4:02am
and again TRADE 79 SHORT and LONG 3936 nosl tp's +3
  • #2,075
  • Mar 24, 2023 4:05am Mar 24, 2023 4:05am
Quoting Waveskierrob
and again TRADE 79 SHORT and LONG 3936 nosl tp's +3
LONG tp hit +3
  • #2,076
  • Mar 24, 2023 4:24am Mar 24, 2023 4:24am
Quoting Waveskierrob
and again TRADE 79 SHORT and LONG 3936 nosl tp's +3
SHORT tp hit +3 ...TRADE 79 +6....running total +2361
  • #2,077
  • Mar 24, 2023 4:25am Mar 24, 2023 4:25am
TRADE 80 S+P SHORT and LONG 3934 nosl tp'+3
  • #2,078
  • Mar 24, 2023 4:31am Mar 24, 2023 4:31am
Quoting Waveskierrob
TRADE 80 S+P SHORT and LONG 3934 nosl tp'+3
SHORT tp hit +3
  • #2,079
  • Mar 24, 2023 5:19am Mar 24, 2023 5:19am
Quoting Waveskierrob
TRADE 80 S+P SHORT and LONG 3934 nosl tp'+3
again LONG 3915 no sl no tp and pending SHORT 3910 no sl tp +3
  • #2,080
  • Mar 24, 2023 5:43am Mar 24, 2023 5:43am
Quoting Waveskierrob
{quote} again LONG 3915 no sl no tp and pending SHORT 3910 no sl tp +3
pending SHORT triggered
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