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Hedge trading spieler system derived from futures spread trading

  • #2,161
  • Oct 23, 2008 10:15am Oct 23, 2008 10:15am
Quoting pipsalot
Ashes, I see the use of your strategy now It may really help reduce the drawdown when such big trends happen.
Hi pipsalot,

it also helps if one is close to the computer to exit the short position to add margin. LOL. I missed exit of my short. Seems like missing exitpoints is one of the weak points of the spieler system, if one can't sit by the computer all the time.

I'm glad hedging the hedge works for you.

Regards
  • #2,162
  • Oct 23, 2008 3:03pm Oct 23, 2008 3:03pm
Quoting ashes
Hi pipsalot,

it also helps if one is close to the computer to exit the short position to add margin. LOL. I missed exit of my short. Seems like missing exitpoints is one of the weak points of the spieler system, if one can't sit by the computer all the time.

I'm glad hedging the hedge works for you.

Regards
Yeah, I'm in front of my computer for most of the day (that's part of my job), so I am usually around to manage my positions. But I do go out and then it can become tricky

By the way, just sold my fifth lot for a profit at 1.4988 and made some more profit from short trades
  • #2,163
  • Oct 23, 2008 4:34pm Oct 23, 2008 4:34pm
Hey,

Did you guys manage the BE or make a profit ? The EURCHF seemed to have reversed some ...

Also are you using 40 pip per 0.25% or 50 pip ?

m78
  • #2,164
  • Oct 23, 2008 8:26pm Oct 23, 2008 8:26pm
I hedged many times, and have enough experience with hedging to say that the DD that everyone is experiencing right now is normal, and that this happens all the time. After watching my EAs take heavy DD, i started researching something to hedge the hedge. I think in this situation, it would of been good to have a hedge for the hedge. I always followed the classical hedging style, i.e. mean-reversion pairs trading based on a ratio. Spieler introduced something new, based on deviation, i'm wondering if using correlation for 4 pairs could be used to hedge the hedge. Read my thread, as i think it applies to this case of heavy DD with hedging...

http://www.forexfactory.com/showthread.php?t=53919
  • #2,165
  • Edited 10:33am Oct 24, 2008 1:27am | Edited 10:33am
Quoting ashes
re-opened 5th at 1,4880, double

closed 5th at 1,4930
re-opened 5th at 1,4900, double

not according to the rules, but I hope 1,4900 holds as support

opening 6th at 1,4590, double

closed 6th at 1,4750

re-enter of 6th would be around 1,4550
  • #2,166
  • Oct 24, 2008 1:50am Oct 24, 2008 1:50am
look like the euro will break the low 1.2730
  • #2,167
  • Oct 24, 2008 3:39am Oct 24, 2008 3:39am
Truly mad days, decrease leverage is the key.
There are no certainties only oppurtunities.
  • #2,168
  • Oct 24, 2008 3:46am Oct 24, 2008 3:46am
This looks like lousy day for this strategy, heavy trend going on.

Down 300 pips from morning f@%k, somehow I dont think it will be easy to compesate for that movement
  • #2,169
  • Oct 24, 2008 3:49am Oct 24, 2008 3:49am
I Will Love Some Comments From Spieler...
  • #2,170
  • Oct 24, 2008 3:52am Oct 24, 2008 3:52am
It looks like heavy fall for this week. Next week or 2 we will be looking at some retrenchment i hope
  • #2,171
  • Oct 24, 2008 4:09am Oct 24, 2008 4:09am
Aint this great 350 pips against the trade in one friggin morning
  • #2,172
  • Oct 24, 2008 4:36am Oct 24, 2008 4:36am
f..k f..k f..k f..k

I think these words above describe this situation
  • #2,173
  • Oct 24, 2008 4:37am Oct 24, 2008 4:37am
Holy sweet mother of Jesus!!!
  • #2,174
  • Oct 24, 2008 4:41am Oct 24, 2008 4:41am
i closed all trades - 7840 k
  • #2,175
  • Oct 24, 2008 4:42am Oct 24, 2008 4:42am
7480 dollars
  • #2,176
  • Oct 24, 2008 4:49am Oct 24, 2008 4:49am
Almost 500 pips ?????????? cant believe this
  • #2,177
  • Oct 24, 2008 4:59am Oct 24, 2008 4:59am
Quoting Ahil
Almost 500 pips ?????????? cant believe this
Look at USD/JPY. OMFG!!!
There are no certainties only oppurtunities.
  • #2,178
  • Oct 24, 2008 6:40am Oct 24, 2008 6:40am
Hi,

it would be interesting to get a summary of everyone that's actually trading in this extreme situation.

who is in, who is out? and why?

I'm still in, since 21st of October with 6 positions, according to the rules it should have been more positions, but firstly I've widened the steps to 50 pips and secondly I haven't been at the computer while some large moves have happened.

I'm still in because I hope for a recorrelation and to get out with a loss of my monthly average win. I'm counting with a pullback move either on this volatile friday or next monday.

Regards

PS: ... and I'm interest positive
  • #2,179
  • Oct 24, 2008 7:06am Oct 24, 2008 7:06am
Quoting ashes
Hi,

it would be interesting to get a summary of everyone that's actually trading in this extreme situation.

who is in, who is out? and why?

I'm still in, since 21st of October with 6 positions, according to the rules it should have been more positions, but firstly I've widened the steps to 50 pips and secondly I haven't been at the computer while some large moves have happened.

I'm still in because I hope for a recorrelation and to get out with a loss of my monthly average win. I'm counting with a pullback move either on this volatile friday or next monday.

Regards

PS: ... and I'm interest positive
I am out with a loss. Would have hold on to it if I saw an ending but this can go on for weeks.And honestly I don't think this system holds up in these extreme circumstances. (I hope to be proven wrong)
There are no certainties only oppurtunities.
  • #2,180
  • Oct 24, 2008 7:21am Oct 24, 2008 7:21am
Quoting USDSEK
I am out with a loss. Would have hold on to it if I saw an ending but this can go on for weeks.And honestly I don't think this system holds up in these extreme circumstances. (I hope to be proven wrong)
Same here. I'm still curious to know how spieler is handling the situation right now.
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