uóóóóóóóóuuuu!! pyramid!?!!! scale in perfect, but without doubling proportion at some point??!?!!! even so, greatttttttt
lovee!! pyramidators brothers!!!!!- #966
- Aug 17, 2013 6:13am Aug 17, 2013 6:13am
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
Hello, Xandi, Thanks to this knowledgeable posts of yours. It opens up new idea of tradings for me. I just wonder if you've ever used this strategy on Hedging ? ie : when buy is losing you turn to sell with certain martingale.... take care.
- #968
- Aug 17, 2013 6:44am Aug 17, 2013 6:44am
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
In your worst experience, how many layers of pyramid you had to deal with (only 1time...... 5th time ... ??).... In other words, how many pips down from the first trade, and how many days did you come out of thiese series of trades ?
3/4 reinforcements on 90 pips interval following the strategye..
Regarding AudUsd or other pair used (read 1st page), and being below ichcloud or (MA) on 4htd & daily TH when I´m longing, the maximum I saw was 300 pips --> to jump off at Breakeven.
I´ve seen guys having it open 3/4 weeks, and at the end closing it with hughe profit, but they were not concerned to close it on Breakeven, they had leverage to hold 10 or more reinforcements, 1000 pips fall sharp...and it´s by far the most profitable account I ever seen....
On Strategy Summary, the minimum required is to hold a sharp fall of 300 pips..easy like that!
- #969
- Aug 17, 2013 6:47am Aug 17, 2013 6:47am
- Joined Oct 2012 | Status: Trader | 1,959 Posts
{quote} hedging?? why turn trading so complicated??? I´m long, if i don´t like the position, I close it partially or in totality...I never hedge, and never will!!
Hedging is supposed to reduce risk and the normal way is to take a position on a derivative, ie a different instrument, such as an option.
Most people consider that they are hedging by taking the exact opposite position, of course, this offers no advantage.
Would these people go into a casino and play roulette by betting on both red and black?
I would hope not, because it should be obvious that it is impossible to win that way. All the times that black or red come up, all that happens is that you get your money back.
When 0 or 00 come up, you get nothing back.
0 and/or 00 is equivalent to the broker's spread.
Please Do Not PM Me With Coding Enquiries
- #970
- Aug 17, 2013 6:51am Aug 17, 2013 6:51am
- Joined Mar 2011 | Status: I should be on your ignore list | 5,597 Posts
- #971
- Aug 17, 2013 6:53am Aug 17, 2013 6:53am
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
{quote} Hedging has its place Xandi, but not the way that most people on this forum approach it. Hedging is supposed to reduce risk and the normal way is to take a position on a derivative, ie a different instrument, such as an option. Most people consider that they are hedging by taking the exact opposite position, of course, this offers no advantage. Would these people go into a casino and play roulette by betting on both red and black? I would hope not, because it should be obvious that it is impossible to win that way. All the times that black...
great explanation bro!
- #972
- Aug 17, 2013 7:00am Aug 17, 2013 7:00am
- Joined Oct 2012 | Status: Trader | 1,959 Posts
{quote} exactly!!!! absolutely agree 100%...thanks for explaining in such a great way!! even on fx pairs you can hedge...if you trade bolth +/- opposite correlated pairs, like long audusd and long usdjpy...
If you trade long audusd and long usdjpy.
It boils down to that you are just trading long AUDJPY, but paying more spread because of the 2 positions.
Please Do Not PM Me With Coding Enquiries
- #974
- Aug 17, 2013 7:07am Aug 17, 2013 7:07am
- Joined Mar 2011 | Status: I should be on your ignore list | 5,597 Posts
- #975
- Aug 17, 2013 7:10am Aug 17, 2013 7:10am
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
{quote} After such a nice post, I am sorry to disagree with you
it makes sense...
- #977
- Aug 17, 2013 7:12am Aug 17, 2013 7:12am
- Joined Mar 2011 | Status: I should be on your ignore list | 5,597 Posts
{quote} every type of fascism that exists in the planet hearth...
- #978
- Edited 7:43am Aug 17, 2013 7:21am | Edited 7:43am
- Joined Jan 2012 | Status: Loving Nature* | 3,985 Posts
{quote} every type of fascism that exists in the planet hearth...!
100% agree
