I agree with you on that example. What you describe is more trading 2 separate strategies that can give opposite orders. But in the original it is really a hedge to stop a trade from losing. And that is quite different in my opinion.

Do you hedge?

Thank you very much for these details. It is nice to see that somebody can say more that, "yes it works for me". My point is just on the order part and not on the strategy or if orders are pending or market because hedging or not doesn't change ...

Do you hedge?

The question was about hedging on the same pair !! Could people who are hedging on the same pair give us a numerical example where it is beneficial to hedge instead of buying / selling ( I mean a complete example with price and timing for entry, for ...

Do you hedge?

I wouldn't go with EFX or MBTrading for the moment for 2 reasons: - swaps are bad - accounts in $ only (in live in Europe and don't want to lose all profits because of the $) but it may change soon !

Oanda vs. EFX Group - "ding ding ding"

Carry trading is a strategy I use on one of my accounts so I am very nterested on this thread. First i would like to say that there is not JPY for carry, you have CHF and also other combinations. In my opinion it is important to mix the pairs you go ...

The Carry Situation

It is 300 mini lots, 30 transactions would be too easy. Personaly I have done about 60 transactions in mini lots and turned the 400€ into 1300€. (I got 400€ instead of $500 because I traded a euro account in the demo for the qualification - good ...

CMSFX Giving Away $500 Live Accounts

First I would say that I understand that the argument is not so black and white but I would like to advocate for trend trading because I think that the natural move for people is to short when it goes up and long when it goes down. Trend following ...

Much of What You Know About 4X is Wrong!

If you want something free use MetaTrader (MT4). You can find downloads with many brokers but you can also download from the editor's site (metaquotes) Some people will tell you that MT4 backtesting is not reliable. Personaly I would say, it is ...

Backtesting

Just my opinion... You should not trade if you cannot afford to lose your own money and your clients shouldn't give you any money that they cannot afford to lose. You should ask your clients to read the NFA disclaimer that has good information about ...

Sorry to disturb, but iam really confuse

I agree with you that IB is a good choice, probably one of the best available. Oanda has I think only one main advantage over IB: to trade any size , and that is usefull if you have a very small account. So i would say that Oanda is better for ...

Leaving Oanda for Interactive Brokers

"I am trading to make money and not to have fun or excitement" Slow trading is boring and profitable.

the dominant principle

To add something to all the things that have been said about pips: - counting in pips is useless also because the value of the pip is different depending on the pair: let's say you trade 1 lot (sorry Merlin, it just for a simple example ) EURGBP ...

How many pips does a "successful" trader collect weekly?

Because they cannot control themselves. Sometimes I check a chat where traders say what they do. There are some pretty experienced people but still: - even if they know that they should trade with the trend they short in a long trend (currently the ...

Now I know why 95% of traders are on losing side

Even if I agree with most of what is written on the original point I totally disagree on this particular point. As SeekingLight said, I think it is the other way around. Most of the beginners want to scalp the market and are afraid to lose any small ...

Now I know why 95% of traders are on losing side

Maybe, but I was just thinking for the alerts not to put the orders. Because if you have several guys trading your system, in order to give the alerts you will give them a set of rules that they will strictly follow. So I think that they will not be ...

Carry Trade Team Trading for 5 pairs

Hi, don't you think that it will be easier to have an EA sending alerts to you and then you could make the trade. It is easier in my opinion to have a robot watching your settings 24/7, then of course if you need to make calls then somebody has to ...

Carry Trade Team Trading for 5 pairs

I like this one It is like if Roger Federer will ask advice for choosing a racket to play tennis because he is a pro in playing tennis not in choosing a racket ! I saw that you want to open an account with NF. So I believe you, you are not a pro ...

i want 400:1 or 500:1 leverage with metatrader platform

carry trading — I have read this interesting thread and as I am a carry trader (I trade it of course on a real account) I wanted to react to some figures I saw like 125% and 80% of return. I will not describe here how I trade but it is not ...

Trading The "Normal State"

Personnally I waited something like 2 weeks for them to open the account but it took much more time because of technical problme trying to send the page signature by fax. Did you checked with them it they have all needed documents? Usually their ...

CMSFX Giving Away $500 Live Accounts

variation on the subject — I would say there is a variation on the possible path like: 4) the dedicated followers want to improve the system because even if it is good it is not 100% accurate. So they add more indicators to filter false ...

What is common among most trading systems posted here?