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  • #1,071,161
  • Jun 30, 2016 5:14am Jun 30, 2016 5:14am
Quoting KeenPips
{quote} Imho, hedging is a defeatist strategy. When you set your reasonable/affordable sl and get hit, you have another opportunity to reassess/stalk the market for better positioning and trade.
if you talk priciples ...on the other hand the market cannot go forever just between a range. it has to break at sometime. than that scheme makes money
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  • #1,071,162
  • Jun 30, 2016 5:19am Jun 30, 2016 5:19am
Quoting KeenPips
{quote} Imho, hedging is a defeatist strategy. When you set your reasonable/affordable sl and get hit, you have another opportunity to reassess/stalk the market for better positioning and trade.
my 2 cents amateur trader position is hedging is a suitable strategy in particular circumstances and if you know what you are doing ad as a trategy not as a SL alternative.

In any case multiple hedging like TudorIoan Tunnel is very dangerous and can easyly blow your account. more you need very deep pocket(think to n iterations wher n is 7 or 8 not 3 ...)
  • #1,071,163
  • Jun 30, 2016 5:24am Jun 30, 2016 5:24am
Quoting change
{quote} my 2 cents amateur trader position is hedging is a suitable strategy in particular circumstances and if you know what you are doing ad as a trategy not as a SL alternative. In any case multiple hedging like TudorIoan Tunnel is very dangerous and can easyly blow your account. more you need very deep pocket(think to n iterations wher n is 7 or 8 not 3 ...)
Is not my "tunnel", and is laregly promoted here on FF. One of the first was J Nemeth.
Yes, is dangerous!
I only use it in certain conditions, after some thorough analyse. And as rare as possible
Trade safe, all!
Member
  • #1,071,164
  • Jun 30, 2016 5:25am Jun 30, 2016 5:25am
Quoting TudorIoan
{quote} if you talk priciples ...on the other hand the market cannot go forever just between a range. it has to break at sometime. than that scheme makes money
Just hoping. Tudor, you don't trade on hope.
Do your homework, follow the footprints of smart money
  • #1,071,165
  • Jun 30, 2016 5:29am Jun 30, 2016 5:29am
Quoting change
{quote} my 2 cents amateur trader position is hedging is a suitable strategy in particular circumstances and if you know what you are doing ad as a trategy not as a SL alternative. In any case multiple hedging like TudorIoan Tunnel is very dangerous and can easyly blow your account. more you need very deep pocket(think to n iterations wher n is 7 or 8 not 3 ...)


Trading with sl gives confidence in your trading and forces you to become a better trader if you manage your trading capital well. Imho hedging makes you money but it doesn't help you build a profitable trading edge.
Do your homework, follow the footprints of smart money
  • #1,071,166
  • Jun 30, 2016 5:31am Jun 30, 2016 5:31am
Quoting KeenPips
{quote} Just hoping. Tudor, you don't trade on hope.
I'm not the kind of person who trades on hope
I've studied "recovery zone" for years on demo, and I'm telling you, it is profitable, but there are some rare special conditions to start that scheme in order to diminish the risk.
There's a lot of talk about it... not now, no time
Member
  • #1,071,167
  • Jun 30, 2016 5:31am Jun 30, 2016 5:31am
Quoting TudorIoan
{quote} Is not my "tunnel", and is laregly promoted here on FF. One of the first was J Nemeth.
Yes, i know but TudorIoan Tunnel was handy nickname
  • #1,071,168
  • Jun 30, 2016 5:33am Jun 30, 2016 5:33am
Quoting TudorIoan
{quote} I'm not the kind of person who trades on hope I've studied "recovery zone" for years on demo, and I'm telling you, it is profitable, but there are some rare special conditions to start that scheme in order to diminish the risk. There's a lot of talk about it... not now, no time
Tudor, you make the call, it's your money. Trade safe.

KP
Do your homework, follow the footprints of smart money
  • #1,071,169
  • Jun 30, 2016 5:40am Jun 30, 2016 5:40am
Yep, is my money, and I'm pretty fine for now.
I think I'll short the 1.1152 (if hit) since Weekly_Pivot broken
btw, notice on chart, the third pennon break (worked fine for me today)
Attached Image (click to enlarge)
Click to Enlarge Name: zhart.png Size: 40 KB
Member
  • #1,071,170
  • Jun 30, 2016 5:45am Jun 30, 2016 5:45am
Quoting TudorIoan
{quote} 1. Well, not necessary few days. The train ends up fast if you use 15 pips spread (minus zone), as I did today; 2. You used that before... now you use SL, you mean you quit "the train version" but you still working on a martingale with SL?
No , I Quit any hedging completely, now Only SL.
We need to have strong principle in trading.
According to me Hedging is just a situatiun when you cannot accept losses.
I've been there a lot, and bending my own rules, and ending up Win Little and Loss All situation.
With SL I can create an Entry ( based on my risk 20% of my capital ), and sleep more soundly.
Biggest Mistake ? Over Leverage
  • #1,071,171
  • Jun 30, 2016 5:50am Jun 30, 2016 5:50am
Quoting sing2x
{quote} No , I Quit any hedging completely, now Only SL. We need to have strong principle in trading. According to me Hedging is just a situatiun when you cannot accept losses. I've been there a lot, and bending my own rules, and ending up Win Little and Loss All situation. With SL I can create an Entry ( based on my risk 20% of my capital ), and sleep more soundly.
You quit hedging, good for you! Happy Sls to you then!
Agree, is stupid not to accept losses.
BTW, 20% Capital is big. Take care!
Member
  • #1,071,172
  • Jun 30, 2016 5:58am Jun 30, 2016 5:58am
Quoting sing2x
{quote} No , I Quit any hedging completely, now Only SL. We need to have strong principle in trading. According to me Hedging is just a situatiun when you cannot accept losses. I've been there a lot, and bending my own rules, and ending up Win Little and Loss All situation. With SL I can create an Entry ( based on my risk 20% of my capital ), and sleep more soundly.


Good point, Sing. Trading with sl gives you confidence in your trading ability and forces you to become a better trader if you manage your trading capital well. Although hedging can make you money, it doesn't help you build a profitable trading edge.
Do your homework, follow the footprints of smart money
  • #1,071,173
  • Jun 30, 2016 6:01am Jun 30, 2016 6:01am
Quoting KeenPips
{quote} Good point, Sing. Trading with sl gives you confidence in your trading ability and forces you to become a better trader if you manage your trading capital well. Although hedging can make you money, it doesn't help you build a profitable trading edge.
We got that! You don't need to keep saying it !

No one pro-hedging here?
Member
  • #1,071,174
  • Jun 30, 2016 6:12am Jun 30, 2016 6:12am
Quoting TudorIoan
{quote} We got that! You don't need to keep saying it ! No one pro-hedging here?
Thread monitor...?
Do your homework, follow the footprints of smart money
  • #1,071,175
  • Jun 30, 2016 6:17am Jun 30, 2016 6:17am
Quoting KeenPips
{quote} Thread monitor...?
Not at all. And you're overreacting again saying this. Is just that you said the same (highlighted) thing twice
Member
  • #1,071,176
  • Jun 30, 2016 6:19am Jun 30, 2016 6:19am
Quoting change
{quote} deep pockets needed
Haha yeah, anyway Hedging strategy is duoable in retracement / correction zone. Somehow a few minor false signal is a waste to close your post. Better open buy and close at the tip of retracement 61.8. and Sell back at the top w extra lot.
Artist lead and hacks ask for a show of hands.
  • #1,071,177
  • Jun 30, 2016 6:25am Jun 30, 2016 6:25am
Quoting al_yaqen
{quote} Haha yeah, anyway Hedging strategy is duoable in retracement / correction zone. Somehow a few minor false signal is a waste to close your post. Better open buy and close at the tip of retracement 61.8. and Sell back at the top w extra lot.
nice, yes, retracement is the one to use. Rarely market keep swinging between 100% and 61.8%
Member
  • #1,071,178
  • Jun 30, 2016 6:36am Jun 30, 2016 6:36am
Quoting TudorIoan
Yep, is my money, and I'm pretty fine for now. I think I'll short the 1.1152 (if hit) since Weekly_Pivot broken btw, notice on chart, the third pennon break (worked fine for me today) {image}
And out, 25 clean pips
Member
  • #1,071,179
  • Jun 30, 2016 6:57am Jun 30, 2016 6:57am
Quoting TudorIoan
{quote} And out, 25 clean pips
good call. But what started this quick sell off at 12:30? Any news?
Beware of robber banks (RB), bad advisors.
  • #1,071,180
  • Jun 30, 2016 7:02am Jun 30, 2016 7:02am
Quoting Not-KPMG
{quote} good call. But what started this quick sell off at 12:30? Any news?
Last day of month. Anything's possible considering how manipulated for example 1H candles often are (strong moves in last ~30 seconds of an hour, etc).
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