DislikedI'm still reading the thread. This is FACINATING!
I actually devoted all day yesterday to try to get my arms around this thing.
The hell with work!
Just wanted to say THANKS for sharing, Dreamliner.
Thanks everyone, too, for sharing & contributing.
This is really captivating reading....and fortuitous, too.
I was thinking that there must be a better way to confront this Forex beast and still remain basically whole. Though, I've never been one to shy from a challenge. And I've been known to pick myself up & dust myself off & jump right back in... perhaps one too many times. Hence the source of my trepedations.
One thing I need to get straight before the weekend.......
The "danglers" thing has got me spooked.
Now, as I understand things, we deal with them as part of our AVERAGED position cost, and just live with them until such time as we have a plus total AVERAGED position, then we dump everything, regardless if it's + 1 pip (averaged) or + 1000 pips (averaged) & then start the clean slate again?
Am I getting this correctly? Basic concept, at least?
Please help me out here!
This thread is a breath of fresh air. All contributors...THANKS.
This is intelligent discussion here. Lots of learning & sharing going on, too.
And, again, Thank you Dreamliner.
I'd like to tag along for the ride & contribute when I can be of benefit.
Good weekend to all.
Peter O.Ignored