The same goes for a trade that hits your take profit. You make your trade, let it finish (either way), then move on to the next. Hedging only complicates things and keeps you in some trades longer than you should be.

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I made money in hedging. I make more now by not hedging due to less drawdown times and less commisions, although the latter is negligible. If you find that your stop loss always gets hit, then I suggest stop trading real money and practice using a ...

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I'm not debating you or trying to change your style, I'm just trying to point out some things. If you are hedging to avoid a margin call then you are practicing poor money management. A trade which results in a loss (as per set stop loss), should ...

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They hedge with other pairs, commodities, etc. This is also known as diversifying. I'm talking about within the same pair. What is the purpose of hedging within the same pair? For that you trade a smaller position in one direction (and pay less ...

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You're welcome.

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I never said it didn't work for me, just made me much less that's all. But you're right. I will no longer suggest or recommend ways to improve someone elses trading. Good luck.

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Then you are doing something wrong or trading at bad times. My experiences show that trading with proper parameters (on the chart) and proper money management IS profitable. The math proves hedging is less profitable through time and resource ...

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In the time you spend waiting for the losing trade to "come around", you could have executed many trades with the freed up equity. Time is the opportunity cost factor. If you want to keep hedging because it makes you sleep better than go ahead, but ...

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If you know when to get out of hedged trades because of support or resistances, then why not just trade without hedging and get out at the same supports/resistances?

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till stupid??? LOL We could probably go back and forth on this all day. I'll be the first to tell you that I used to hedge within the same currency (and did so for awhile) without using stop loss. No longer do I trade that way and I would never do ...

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Do you have hedged positions open within the same currency and same broker? I know for some people it helps them deal with their losing positions better by doing this, but you aren't doing yourself any favors, especially if you are incurring swap ...

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I see this thing hanging around here for awhile (next 6 hours) possibly get a retracement to 4560, but then getting down to 4460 within the next 24 hours.

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Hehe. It's a term used to describe a UBS Warburg trader. Some of whom have been known to intentionally deceit the public to their advantage. I use it in a jokingly manner, a quip. Seriously, I'm not going to say it can't get back to 1.50, but it ...

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Are you a Warburger sir?? EDIT: Many things point away from your assessment.

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Anyone watching Rick Santelli scream like a woman?

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That's what I understood when I read it and agreed with the first part of your comment.

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oil spike keeping E/U from testing trend line. Wait for it.

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With you here, but only if news pushes price below .4505. If so, should run to .448x.

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still some room before current lower trend line gets tested at about .4510~. When it gets there it could easily blow past it with the news.

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That is correct, October 5th. But was at its lowest more recently then that - on November 25th. I see the USDX surge continuing for now.

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