The strategy is not bad if you use it correctly. But first, in order for average down to be successful, your initial direction must be correct to begin with. Otherwise, you are simply increase the rate at which you are losing. Being able to turn $25 ...

is Averaging Down Profitable?

I do not agree the idea that brokers would go against their clients. If all they provide is a service so that we can deal with the bank directly, why would they want to go against their client? They make money from the commission anyways. They ...

Why would a broker want to go against your trades?

I totally concur. I total am a big failure in emtional management so i had to overcome this by setting a fix (relative, 3-5% monthly) compound rate at which i am comfortable with and now have no problem even controlling "huge" trades since i make it ...

do you think trading is really that hard?

Yes, i understand your idea. But i do not think it is possible to create a synthetic hedge that will yeild a net positive roll over. The reason is as follows: Say you have a pair called A-B that you are trying to called a hedge for. The ideas is to ...

Is it possible to try a synthetic Hedge

i disagree with you, if you could make 100 pips a day, you would be a "billionaire" in 3 months. lol With a 100:1 leverage and a $1000 account. You can double your account each day. Given 3 months, you have at least 60 trading days. So you would ...

100 Pips a day

Trading is only hard pyschologically. Technically speaking, i find it not that difficult. However, you must have the right attitude to do well in trading even if you are a technical superstar. When it comes to controlling an amount of money which ...

do you think trading is really that hard?

I assume you are referring to rollover when you say swap. In that case, i don't think you can profit from such strategy nowadays (it might exists in the old days) because it would mean arbitrage and such obvious arbitrage should be captured and ...

Is it possible to try a synthetic Hedge

i dont think you can systematically set an ideal stop loss. Stop loss depends on your trading method. For example, if you are trading simple resistance and support, your stop loss for a long position should be a little below the previous support. If ...

Ideal Stop Loss

I concur. The more you win(risk), the more you lose. This relationship is just a fudamental in probability. I only risk my capital to tolerate a max of 5% loss. Having said that, i was able to consistently make 3-7% monthly for the past 16 months ...

Reality check - do small FX accounts inevitably stay small?