Oh you can't say that. There's no right or wrong you know. Maths isn't right, it's just one way of looking at things Feels like it's a bit of a waste discussing anything advanced if these sort of basics aren't even grasped.

Hedging vs Stop Loss

By the term Normal trading I mean trading without this silly 'hedging' idea. Not talking about style of trading, because that's independent of discussion. There is a right and a wrong in some things. This is one of them. Flat is 0 position Long 1, ...

Hedging vs Stop Loss

Yes you're exactly right. If someone was saying, 'I know that hedging doesn't help at all, but for some reason it makes me feel better' then ok. But when someone says that hedging has a benefit, they are just wrong. It's not that I think they're ...

Hedging vs Stop Loss

No, I understand it fully. The point is that anyone who says there is a benefit is wrong. It's not a matter of opinion, it's a fact. So rather than argue it, provide specific numbers for the trades and tell me where you entered exited and in what ...

Hedging vs Stop Loss

Yes you're right. In a bank or a hedge fund, if you suggested holding long and short the same amount of the same thing was a benefit, if they didn't sack you, they'd certainly consider they'd made a mistake in hiring you and would stop you from ...

Hedging vs Stop Loss

But you're not getting my point. What they are doing is going flat. They are closing the position, they're just fooling themselves that they're not. Give any set of trades starting from flat, and finishing flat and show me how hedging can help. You ...

Hedging vs Stop Loss

How long have you been trading?

Do you believe this market is random?

To some extent everyone filters out market info. Some people are interested in big volumes going through, some people filter by number of trades or time of day or use strengthmeters covering different instruments. Some people just look at the ticker ...

Do you believe this market is random?

THe point is that there are a massive number of trades in a given day. So there are a massive number of ticks in a day. If one were to look at all the ticks on a chart it will be hard to make sense of, there's just too much there. So one thing you ...

Do you believe this market is random?

You think it's going to run to 1.3770 today?

EURUSD

If your broker is charging you margin when you're flat, then you should complain to the regulatory body. You have a dodgy broker. If you're using two brokers to do it, then of course that's your own fault and as I pointed out, you are wasting money. ...

Hedging vs Stop Loss

Seriously, people are still discussing this?! Start from a flat position and tell me a sequence of trades that ends up flat, and I bet I can do just as well, and probably better without using hedging. How can this still be discussed 8 years after it ...

Hedging vs Stop Loss

Voaltility goes up and down. Higher vol will return. The environment is one in which banks are closing down many trading desks and having to worry about keeping more cash in reserve for capital requirements. That means less money to speculate with. ...

Loss of FX volatility & brokers - Are Binary Options for real?

In terms of your account, freezing the trade by taking an opposite position like this is worse than just closing the trade. Not much worse, because you are flat and your account won't be affected any further by the movements, but at some point ...

Hedging vs Stop Loss

There's a lot of debate here and elsewhere on the EU and the economics, and in fact world economics and what should and shouldn't be done, Keynes v Hayek and so on. Read an article recently that may be of interest to some as it makes the point that ...

Can the Euro survive?

lol you've got brass balls my man

EURUSD

I would. When there is a proper reversal, there is almost always a good time to jump on board. But by definition a bottom must not have any lower lows. And we keep making lower lows, therefore, you short, or you wait for a good time to long. There ...

EURUSD

alright, time to go up now

EURUSD

Slow fall? It's dropped over 400 pips this month, 4 straight down weeks. Not that slow considering overall volatility. From a daytrading perspective this capitulation

EURUSD

It's conventional wisdom that the majority will be wrong. We still have plenty of people here going long, despite EURUSD clearly going down. So I thought the question was, where is the bottom, and I believe it will be when the majority of those that ...

EURUSD