Lybi lydey, lybi vragov.
Sure, but I wouldn't say its a hedge.
Lets say you sell eur usd and it goes against you -19 pips, you open another lot for sell, it goes against you -19, then you open another lot and it started to go your way. So if you would have only 1 position opened at -19 you would have to wait at least 19 pips to go your way to close it with break even, but if you have more positions then it can go your way only lets say 10 pips and you will be already in profit. Even if your first position is -100 it doesn't mean that you need to wait 100 pips to go up...
position #1 sell eur/usd
graph: eur/usd goes bull ----> #1 -19 pips (what we do now??? CLOSE position???)
so you say we open #2 sell eur/usd
graph: eur/usd still goes bull --> #1 is still open or no?; #2 -19 pips (what now? keep open or close position?)
#3 sell eur/usd
graph is good now, goes bear. --->#1 & #2 are still open?????; #3 +19
can you continue like this so it's easier to understand?(at least for me
) thx!!
Hi pip maker! Let's try out with numbers!
position #1 sell eur/usd
graph: eur/usd goes bull ----> #1 -19 pips (what we do now??? CLOSE position???)
so you say we open #2 sell eur/usd
graph: eur/usd still goes bull --> #1 is still open or no?; #2 -19 pips (what now? keep open or close position?)
#3 sell eur/usd
graph is good now, goes bear. --->#1 & #2 are still open?????; #3 +19
can you continue like this so it's easier to understand?(at least for me
Lets say you have an open position for eur/usd.
Lot 1: eur/usd is -20 pips, you open another position
Lot 2: eur/usd is -3 pips and it goes agains you 20 pips again and you open another position
Lot 3: eur/usd is -3 pips.
So eur/usd went against you total 40 pips so your first position is -40 second position -20 and your third position is -3 pips. So not lets say it goes your way. It went up 20 pips your way. Your first position would be -20, second position would be 0 and last one third position would be +20, so if you close them all down you will be at break even even tho your first position is -20 pips. Did you understand now?
Lybi lydey, lybi vragov.
