How difficult is it to spell 'the' or 'that' or 'this'? Do you think people are going to respect you more because you write like someone with a speech impediment sounds? Or do you think it makes you sound 'street'? Because if you do, you are wrong on both counts. Type English retard.
Steviet, I wasn't calling you an idiot. Far be it from me to criticize someone else's method, especially if it serves them well, I just hoped someone could explain the logic behind it. As yet nobody has even attempted a reasonable explanation.
Philanthropy has got nothing to do with my point earlier. Trading is about making money, and thus you should aim to maximize profits with respect to certain limitations (leisure time, probability of gaining profits etc).. I believe many people hedge as they can not mentally handle closing losing positions. By hedging on the same currency to the same value in the opposite direction it postpones the realization of the loss, minimizing the emotional pain of losing money. The objectives of the trader have diverged from the profit seeking to the pain minimizing, making decisions based on emotions and fear.
Steviet, I wasn't calling you an idiot. Far be it from me to criticize someone else's method, especially if it serves them well, I just hoped someone could explain the logic behind it. As yet nobody has even attempted a reasonable explanation.
Philanthropy has got nothing to do with my point earlier. Trading is about making money, and thus you should aim to maximize profits with respect to certain limitations (leisure time, probability of gaining profits etc).. I believe many people hedge as they can not mentally handle closing losing positions. By hedging on the same currency to the same value in the opposite direction it postpones the realization of the loss, minimizing the emotional pain of losing money. The objectives of the trader have diverged from the profit seeking to the pain minimizing, making decisions based on emotions and fear.
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