Is this a trade with SL thread? I'm sorry.

Gold

You're just jealous

Gold

I'm positioned for it, but don't mind catching a salmon or two on the way down.

Gold By NextElliott

always ready

Gold

This week I expect it to be ranging between R38 and S38

Gold By NextElliott

Just some sign posts. No idea how it will travel. Thank you.

Gold By NextElliott

Daily view

Gold By NextElliott

It is a matter of opinion, of course. Hedging to me is not about recovering from losing trade, but winning in both directions.

Hedging/averaging trades without prediction

I'm content with long term targets, will play swings both ways.

Gold By NextElliott

There may be unfinished business on top

Gold By NextElliott

I'll sell with you. No stops.

Gold By NextElliott

I though hedging relied on mean reversion to be profitable. So hedging is just one kind of mean reversion strategy. That's why I asked.

Hedging/averaging trades without prediction

Erebus, what's main difference between hedging and mean reversion?

Hedging/averaging trades without prediction

Back to the horse question. The thing is we don't know where it is. Nobody cared to write that down, and nobody remembers. All we can do is take the average of our knowledge about that era (Wild West) and apply it to this situation. The horse ...

Hedging/averaging trades without prediction

Lol. You can only have 2 out of 3.

Hedging/averaging trades without prediction

They are taking a picture in front of the wagon. But where's the horse?

Hedging/averaging trades without prediction

I'm sorry I thought this was wild wild west, but you seem to come from the future

Hedging/averaging trades without prediction

How did they manage a losing position?

Hedging/averaging trades without prediction

Totally missed it. Shoulda paid more attention.

Hedging/averaging trades without prediction

Yes, need sufficient margin to dig yourself out of the hole.

Hedging/averaging trades without prediction