Off to work shortly, last post for now, NO trading for me until later. Screenshot at 8.10am so which way for trade number 2 of the day?

Just learned about hedging, does anyone use it for scalping?

Got to go to work today. Checking timeframes for longterm trend is as follows 1m,5m,30m and 4hr are all SHORT. Screenshot at 7.50 GMT below, which way would your first trade of the day be? Just my 2 cents...

Just learned about hedging, does anyone use it for scalping?

Hi STrading, I applaud your honesty Sir and I accept that hedging is not for you... no problem, each to their own and peace You of course are perfectly correct, losers are inevitable even when hedging, I cannot dispute this you are 100% ...

Just learned about hedging, does anyone use it for scalping?

Try this on demo. Use as few indicators as possible, one or two at most, ones that you are familiar with. Observe the longer time frames for longer term trend direction, preferably 2 timeframe up from the one you wish to trade from. When you get a ...

Just learned about hedging, does anyone use it for scalping?

200% in day, really WOW. I cannot compute such an increase WOW just WOW!!! I really hope that was demo trading and you have moved on from that experience. As I just said I would be more than happy to hear of any tips you could give (good or bad) ...

Just learned about hedging, does anyone use it for scalping?

Excellent! You admit you're not anti-hedging so please bring something constructive to the table instead of trying to call me out for something I am not Where is the bullshit I am supposedly peddling according to you? Where are the holes in ...

Just learned about hedging, does anyone use it for scalping?

Final thought for STrading to mull over... Decided to call it a day, more important things to do. Market's pretty flat now anyway and not a keen fan on leaving trades open over night, better to start afresh at market open GMT tomorrow. Closed ...

Just learned about hedging, does anyone use it for scalping?

Didn't get round to answering your earlier question, so sorry. Just to confirm my balance is up 20% on the day but my equity is only up 15%. I hope that answered your question, after all as you said Balance means nothing however Equity means ...

Just learned about hedging, does anyone use it for scalping?

I'm not even going to comment on that childish statement. It's obvious that you are totally 'anti hedging' so why are you even here? If you have nothing constructive to say then why don't you just move on. Looks like Iv'e encountered another ...

Just learned about hedging, does anyone use it for scalping?

I really must be stupid? I cannot see how I contradicted myself in that post? I believe what you were really saying was... I (as in you) do not believe for a moment that you (i.e. me) can possibly trade, hedge whatever in that way and still be 'net' ...

Just learned about hedging, does anyone use it for scalping?

Why do I do it prey tell.

Just learned about hedging, does anyone use it for scalping?

Not trying to be clever and never said there was any MAGIC involved. Just trying to illustrate that there is an alternative way of trading the norm which can be extremely profitable if implemented sensibly. Geeze take it or leave it, as previously ...

Just learned about hedging, does anyone use it for scalping?

Excellent observation I am indeed net flat, there is a reason for that but I am sure you have no idea why?

Just learned about hedging, does anyone use it for scalping?

Currently neutral 2 Long + 2 Short, which way is it going? No problem just follow the trend...

Just learned about hedging, does anyone use it for scalping?

2 hours past since last signal Long. New signal Long and taken so now I am currently equal i.e. 1 Long + 1 Short. Depending on whether the market goes up or down makes no difference. I will follow the current trend be it an upcoming reversal of the ...

Just learned about hedging, does anyone use it for scalping?

Don't continually hedge when price is against you as that would lead to financial ruin! Hedge once or twice but no more. Add positions in the direction of the 'main' trend and take profits along the way (reduces margin which is a good thing). Close ...

Just learned about hedging, does anyone use it for scalping?

Take this for what it's worth... My account balance is currently up 10% today with a floating balance fluctuating between plus £10-20 I have 3 sell positions open. I have had both Buy & Sell positions open at different times this morning since 8am ...

Just learned about hedging, does anyone use it for scalping?

Hi Numbnuts, Apologies for any confussion caused and just to clarify I was not referring to you!! I was not aware that a member on this forum went by the name of 'Numbnuts'. That name was my pet name for 'Nubcake' because he was such a pain in the ...

Just learned about hedging, does anyone use it for scalping?

Silent lurker on this thread. The above quote just about nails it and is the most intelligent post thus far by a country mile! The old adage there is no 'RIGHT or WRONG' way to trade is so, so, true in this instance. The likes of NUBCAKE (alias ...

Just learned about hedging, does anyone use it for scalping?

Think I found it, costs 30 Dollars.

Growing a £500 Forex Trading Account