When the Joker is in the deck.. fear not and play it well
- Joined Feb 2008 | Status: Member | 2,258 Posts
All that is left in FF is just plain garbage. "Cloggie"
High leverage vs Low leverage 73 replies
High Leverage vs Low Leverage 21 replies
High Leverage vs Low Leverage 20 replies
Working of Leverage!!! 4 replies
Right now My metatrader3 is not working is yours working? 0 replies
DislikedBluesteele banned. He is not giving any contribution to this thread but just insulting other traders anyway.Ignored
DislikedThe sharp correction for EURUSD up from 1.3000 to 1.3145 at the start of this week has left many pundits bewildered. .....Ignored
DislikedI dont hedge, I cant, unless I use multiple accounts but I dont there either. I have found in practicing it on a demo to be a headache to unhedge the trade. I dont know how you guys ever got to me using hedging. My threads are open to the public and I have written thousands of posts. You havent found me propagating hedging in any of my material. I have mentioned it but it has never been part of any trading strategy of mine other than the only real use I have seen for it is a time out for some reason. It freezes time so you can relax, plan, and think...Ignored
DislikedStill waiting for your wit and wisdom in using SL. Dont worry I am not expecting it, I know you cant teach or train. Head bashing is your best skill. I used to trade around 60% but now am closer to 80% 77.04% to be exact for the last 9 months. If you dont understand that it means almost 23% of my trades are losers. Dang he takes losses. Bet that amazes you doesnt it. Man you are a piece of work.Ignored
DislikedThere is no difference between the concepts. It is the same concept. By hedging, you are closing your position, but paying for it. It makes no sense. There is no such thing as "freezing" your position. It's either open or it is closed. You are either exposed to the market or you are not. That's all there is to it. All this hedging stuff just obscures the truth that you are either in or you are out.Ignored
DislikedThat's exactly right. All one is doing is playing a mind game when they hedge. A mind game that actually costs them money.Ignored
DislikedLeverage has almost no effect on a trader with stops if that is what you want to know. In fact, leverage only affects traders with no stops.Ignored
DislikedI used to love hedgeing. Take now for example. I have a signal with a target of 3025, and a signal with a target of 3182. would love to be able to shoot for both targets using the same margin, instead of trying to guess which target will be hit first. Oh well guess that's what I get for being a U.S citizen.Ignored
DislikedExactly. The funny thing is I pointed this out to Bob a while back ago. I pretty much asked what is he going to do with the open trades that are hundreds of pips in the red when the required margin becomes greater due to regulation. This clearly crushes the trader-without-stops' strategy. Yet he now mentions it as a benefit to trading without stops. Poor bob has his head screwed on backwards.Ignored
DislikedNo one doubts you're high winning rate. What is questionable is the method you trade and amount you are risking to get that high win rate. Risk is proportional to reward. There is no way around it no matter how fancy your money management.Ignored
DislikedPS: I appreciate your comments very much hanover, although I'm not with you. Thanks for posting @ forexfactory.Ignored
DislikedThis SL vs. No SL debate is endless and traders on both sides have shown with their method a trader can be profitable either way. However, I believe the real difference is the amount of return on your investment potential each of those successful methods can generate.Ignored
DislikedSo, if Bob has a consistently high winning rate because of his disproportionate R:R, is that a flawed trading strategy?
If there's no way of going around or over proportional R:R, then shame on Bob for not adhering to proportional R:RIgnored
DislikedSo, if Bob has a consistently high winning rate because of his disproportionate R:R, is that a flawed trading strategy?
If there's no way of going around or over proportional R:R, then shame on Bob for not adhering to proportional R:RIgnored
Disliked@fxtr51
if i understand you correctly with the lock-unlock method you place a 'hedge' trade at the point where usually a SL happens and freeze this loss.
later with a new signal you unfreeze the loss for a potential BE or profit, but also a potential risk that this floating loss getting bigger.
It will make more sense to do this with the TP instead SL and take the loss and bigger up the profits,
because then the losses will be linear but the profits grows exponential.Ignored
DislikedThere are many ways to manage the lock-unlock method.
And you can trade using SL profitably too.
It is a matter of taste.
We havenīt discussed ideas like yours because of the SL-missionaries
and I will not continue to discuss anything in this thread ....
because I need to watch my trades and do other things.Ignored
DislikedThere are many ways to manage the lock-unlock method.
And you can trade using SL profitably too.
It is a matter of taste.
We havenīt discussed ideas like yours because of the SL-missionaries
and I will not continue to discuss anything in this thread ....
because I need to watch my trades and do other things.Ignored