So you can't answer even a simple question about what a 2% gap would do to your account, you keep dodging with words because you can't put a number on it, because you don't understand. And you don't understand nedging and yet you want to lecture me ...

Hedging vs Stop Loss

Just stick to the numbers and answer the very simple question. If you USE 50:1 leverage, and the market gaps 2% against you, how much of your account have you lost?

Hedging vs Stop Loss

I don't want to get into a debate about what other people may or may not use. I am already aware there are people wanting to use 400:1 leverage. Lets just get down to numbers. You use 50:1 leverage, I don't mean you broker offers you that, I mean ...

Hedging vs Stop Loss

I'm open to hearing things. I asked if anyone had a set of trades that hedging helped. Only one person listed some trades, and that was shown to be worse than doing it without hedging. So I'm listening again. Tell me what leverage you actually use ...

Hedging vs Stop Loss

I'm not in a hole. Rules that make sense, lol. Ok, lets suppose someone uses 100:1 leverage. So with their 10k account, they are taking a position that's worth 1 million in a currency pair. Now a currency can move 10% in a day if there is a central ...

Hedging vs Stop Loss

I think they could have even been stricter and maybe even allowed less than 50:1. But 50:1 is more than generous enough for any trader. I never need to use more than 20:1 leverage anyway and typically I'm using 10:1. PLus I consider that already ...

Hedging vs Stop Loss

Nope, the factors are all the same. Your argument boils down to saying ' yeah 1-1=0 and 2-2=0 and 3-3=0, but you can't say for every number x-x=0.' Except that I can. That's mathematics, and so is this hedging argument. You may think the strategy or ...

Hedging vs Stop Loss

Nope gonna try out the gazillion possibilities until I get it Retracement To Fibonacci Angle Relax, There's F' All Random Trades, Fearless Attitude Running Twenty Five Algorithms Rollover Takes Fees Again. I must have got at least one of the ...

I believe I found the Market's "Tell"

I presented a scenario in which you have two brokers to choose from, exactly the same except for the spread. I didn't present a scenario that your only option is a broker with spread 3 did I? Given the scenario, you wouldn't pick the broker with ...

Hedging vs Stop Loss

RTFA= Really Tremendous F***ing analysis Resistance To Fundamental Analysis. Regret Trading Forever, Amen.

I believe I found the Market's "Tell"

Nope, not even close to what that post was talking about. Read it again. Given the choice of two brokers which are exactly the same in ALL respects apart from that one has a bigger spread than the other, which one would you pick. It's basic, but ...

Hedging vs Stop Loss

Last thing I want to mention is that I've already shown, and it was shown 8 years ago on this very site, that hedging provides no benefit. So when I tell someone not to hedge, I can at least sleep sound knowing I haven't cost anyone to lose money ...

Hedging vs Stop Loss

Yes.

I believe I found the Market's "Tell"

No you didn't understand what I meant. I'll try again. I have a choice of two brokers, one has bid ask 1.3599/1.3600 the other is offering 1.3598/1.3601 . For these two brokers, the mid price is always the same. One is a white label company of the ...

Hedging vs Stop Loss

Nope, booking a loss is better, even if you know everything there is to know about hedging. It's always as bad or worse to hedge.

Hedging vs Stop Loss

Not debating emotional problems. You are making excuses for poor thinking. The difference between 1 and 3 pips may not be much to you, but it is a difference. Probably for a lot of traders it will be the difference between being profitable and ...

Hedging vs Stop Loss

Already stated several times, if it's purely for psychological benefit but you recognise there's no advantage then fine. If you want to wear a pink shirt because it's lucky for your trading, fine. If you want to pretend there is an advantage to ...

Hedging vs Stop Loss

I can give an example and gave you several. There are bubbles. Even the media can see that there is some underlying patterns, that's why they term them bubbles and not 'an increase'. Can't you see that? Even Johnny Journalist can see there is some ...

Do you believe this market is random?

Yes of course. And you can make money with a broker charging you a fixed 3 pip spread on EURUSD, and you can make money with one charging you a fixed 1 pip spread on EURUSDeven though their midprice always agrees. But which one is better? Are we ...

Hedging vs Stop Loss

I disagree. A trend doesn't really exist at all. It's a measurement between two points in time and it is up or down over that time period. THe assumption that it will persist is up to the trader, but is not something that comes from the data. You ...

Do you believe this market is random?