Hi Cliff Yep that’s pretty much it. Best to follow wave’s practice method he’s laid out for you on demo first and then you’ll figure things out easily enough

Hedging/averaging trades without prediction

Hi RFS It's pretty simple when you understand the logic. Once set up its based on an overall max drawdown for the total positions, the red boxes are for inputs only so I dont touch the rest of the spreadsheet, here is one I am working with now based ...

Hedging/averaging trades without prediction

Yes! Trading is now like riding a bike or flying a plane. Take it where you want and leave everyone else behind

Hedging/averaging trades without prediction

Say you are now short with a hedge long with tp and pending short no tp: my gap is 10 pips I’ll have a pending sell limit at 10 and put the buy stop at a gap of 12 pips (if my spread is about 1 pip). Sometimes you get away without the hedge filling ...

Hedging/averaging trades without prediction

Now the rates are moving again it’s worth looking at. $3+ per day per lot selling euro against dollar.. while collecting hedge scalps

Hedging/averaging trades without prediction

Which bit? I can’t see your highlight?

Hedging/averaging trades without prediction

Also worth mentioning, even though on here we are scalping you can trade like this using bigger gaps and TPs over months/years. If you wanted to just trade positive swaps for the next year or so, you have everything here..

Hedging/averaging trades without prediction

Nearly beer o'clock url Have a nice weekend all..!

Billytt Die happy trading e/j daily breakout

Good effort Mr Bird! As you know when you trade live it will feel different... I have all sorts of ways of trading averages this is an example ( I normally trade max 5% DD before I either close all at a loss or begin rebalancing the biggest loss, ...

Hedging/averaging trades without prediction

No I've not seen it and will have a look. I like him and also agree he is authentic although anyone selling courses gets a red card from me I'm afraid.. The thing about this is when you get in front with your equity, lets say this week and you have ...

Hedging/averaging trades without prediction

Yeah I've seen quite a few of Shawns vids and also traded it. Today on GU he would've been blown to Mars and back though.. I would love to see todays trading but I suspect we never will...! You have to scale way, way down if you are ...

Hedging/averaging trades without prediction

Ha! Sometimes I look at these things and think someone somewhere is making so much money they just take the piss now for a laugh. 250 pips in half an hour

Billytt Die happy trading e/j daily breakout

Excellent work. I use closeby. Thank you!

Hedging/averaging trades without prediction

If you have a plan to work through these; they are the most profitable outcomes. It's uncomfortable at times but sorts the men from the boys. I'll also add extra orders before the turn (normally from the 5th or 6th position), either with a trailing ...

Hedging/averaging trades without prediction

Honest answer - for nearly everyone. Yesterday, or today at the very latest..

When Should You Give Up On Trading?

Think he must be a flat earther

Hedging/averaging trades without prediction

image Todays run rate, look @IDDDiot i can count to three, watch carefully..... +3, +3, +3, -16, +14, +4 Now flat and taking a break, I'll fade the EG on each new high and use hedge to counter the move. Also anyone trading live today be cafeful on ...

Hedging/averaging trades without prediction

sell closed -16 buy closed +14 buy closed + +4

Hedging/averaging trades without prediction

sell @ 8715 tp 3

Hedging/averaging trades without prediction

Cancel TP on buy at 8727 pending sell @ 8715

Hedging/averaging trades without prediction