- Search Metals Mine
- thelws replied Jun 11, 2012
With all due respect. The entry seems credible. But your methods of handling a loss is not so favourable. There are countless martingale, no stop loss, box, grid, hedge methods since the beginning of ff. As far as I've read, none of them are proven ...
Price, Hedge, Adapt and Trend (PHAT)
- thelws replied Jun 3, 2012
Perhaps we don't need to cover every scenario. How about we limit the scope to "proper risk management for institutional traders". I think that would be a useful discussion. Whether it applies to the average joe doesn't matter. But having an insight ...
What Is "Proper" Risk/Money/Trade Management?
- thelws replied May 17, 2012
Good Job fxtr. You have just forced your way into winning a debate by removing all potential debaters. Now that nobody is left to say anything, you win by default!
Congrats on winning the special olympics. In the mean time, you continue to ...No SL No Leverage Strategy - working so far
- thelws replied May 15, 2012
The truth is, euclid did produce a situation that we can't replicate using a no hedge method. Even if you have a script to do OCO, if price oscillates enough to trigger every stop and limit order you place, and then subsequently moves in a non ...
No SL No Leverage Strategy - working so far
- thelws replied May 14, 2012
Ladies and gentlemen. Euclid managed to produce an argument in favour of using a hedge that is more sound and solid than 56 pages worth of postings from any other pro-hedging poster here. His post basically sums up what I now believe about hedging. ...
No SL No Leverage Strategy - working so far
- thelws replied May 14, 2012
Ok... After giving it some thought, I see where you are going with this. And now I fully understand why you mentioned OCO. The truth of the matter is, Price goes down to 1.28, then up to 1.31 Hedger: 1 lot * +200 pips sell wins 2 lots * -25 pips buy ...
No SL No Leverage Strategy - working so far
- thelws replied May 14, 2012
Correction. The part quoted in bold did not happen. The sell limit was never triggered.
No SL No Leverage Strategy - working so far
- thelws replied May 14, 2012
You Are right! Kudos to pointing out my math. I forgot that I needed to add one more pending order. Say I sold at 1.3000 Sell 1 lot @ 1.3000 TP 1.2800 SL 1.3100 Let's say it's now 1.2900, I'm expecting a retrace. I close my position. (+100 pips) ...
No SL No Leverage Strategy - working so far
- thelws replied May 14, 2012
Ok. I'll save you the trouble of challenging me. I'll provide proof anyway. No hedge method Say I sold at 1.3000 Sell 1 lot @ 1.3000 TP 1.2800 SL 1.3100 Let's say it's now 1.2900, I'm expecting a retrace. I close my position. (+100 pips) Then I put ...
No SL No Leverage Strategy - working so far
- thelws replied May 14, 2012
Easily replicated. Assuming you are doing this on MT4 Say I sold at 1.3000 Sell 1 lot @ 1.3000 TP 1.2800 SL 1.3100 Let's say it's now 1.2900, I'm expecting a retrace. I close my position. Then I put a market buy order for 1 lot. Buy 1 lot @1.2900 TP ...
No SL No Leverage Strategy - working so far
- thelws replied May 13, 2012
Interesting exercise. I guess since you have let the cat out of the bag and told the participants which is the real trade and which is the fake, my response should be kinda late. But for the sake of discussion (and I swear I formed an opinion before ...
Challenging a Loser
- thelws replied May 13, 2012
Yes. Like I said before. The absurdity only applies if you have many trades that you need to manage. Then hedging becomes more of a management tool - in order to simplify your daily life. That is the only benefit of hedging. In terms of monetary ...
No SL No Leverage Strategy - working so far
- thelws replied May 13, 2012
Bob my good sir... If your conviction is as great as you believe it to be, I look forward to your book in the near future on hedging on the same pair. If you choose not to write a book, at least post your discovery in an intellectual body such as ...
No SL No Leverage Strategy - working so far
- thelws replied May 12, 2012
lol it wasnt meant for you
but all is well.No SL No Leverage Strategy - working so far
- thelws replied May 12, 2012
I am actually very sad that nobody read my examples. Or they read it but just would not accept the fact. My example is so clear and so precise of why hedging is in fact not a mutually exclusive event. Bob. You may open 2 trades and they may show up ...
No SL No Leverage Strategy - working so far
- thelws replied May 12, 2012
Yes I understand your words. What I'm saying is that in your example, the no hedge guy did an extra trade that made him go net short. If you wanted to make it fair for the hedge guy, then you should allow the hedger to place an extra trade as well. ...
No SL No Leverage Strategy - working so far
- thelws replied May 12, 2012
OOoooooo. Now we got someone other than merline who is willing to put up a challenge!! Wow. This is biggggggggg >_< Anyway, I want to disprove your argument bob... To begin with, you cannot just simplify a trade into buy euro and buy usd then treat ...
No SL No Leverage Strategy - working so far
- thelws replied May 12, 2012
Hi LazyP, The maths is wrong. That part in bold indicates that trader B has opened an additional position. Meaning at that point in time, he is net short. Trader A at that time is having no position from his nedge. All else being equal, the ending ...
No SL No Leverage Strategy - working so far
- thelws replied May 11, 2012
Jack here is the link to the article. It is a rules amendment change proposed by the NFA url
No SL No Leverage Strategy - working so far