Well yes and no and let me explain....
All my trades in this account have been done manually. The BUYSTOP/SELLSTOPS you see recently (none of which have executed) was actually an accident. A few days ago a friend emailed me a bot she wanted me confirm some parameters. So I slapped it on my EURUSD chart to look at the trade settings. Later, as I was going through my open trades (which I barely look at once its placed), I realized at the bottom of the screen had an open order for a buystop/sellstop on EURUSD. I closed it and it kept re-opening. I was like WTF!?!
Keep in mind, I have about 22 charts displayed on most of my screens at one time. So I remembered I had put an EA on my EUR chart and went to look at the EUR but could not find any EA's listed. So I tried to close the damn thing and it kept re-populating with new breakout positions at on the screen. Then I remembered that this wasn't the computer I was on when I slapped it on the chart. So I had to log in to one of my back up pc's (I have 5) and saw that I did not remove the EA. So after I turned it off, I was finally able to close the damn buystop/sellstop trades that kept re-opening.
In any case, if you look a little more carefully, you will see that none of the BuyStop/SellStops executed and was only in for less than a day. In fact, none of my recent closed trades even have EURUSD in it. I am not going to trade that pair until I can bring my account back to order. Then, I may start hedging again as I did in the beginning before I broke the hedges.
In any case, just so you know...I don't have to use an EA to hedge. I do just fine hedging manually. In fact the strategy I use is not used anywhere else to my knowledge.
If and when I can get this account back up to par, you'll see some of the hedging that I do....
All my trades in this account have been done manually. The BUYSTOP/SELLSTOPS you see recently (none of which have executed) was actually an accident. A few days ago a friend emailed me a bot she wanted me confirm some parameters. So I slapped it on my EURUSD chart to look at the trade settings. Later, as I was going through my open trades (which I barely look at once its placed), I realized at the bottom of the screen had an open order for a buystop/sellstop on EURUSD. I closed it and it kept re-opening. I was like WTF!?!
Keep in mind, I have about 22 charts displayed on most of my screens at one time. So I remembered I had put an EA on my EUR chart and went to look at the EUR but could not find any EA's listed. So I tried to close the damn thing and it kept re-populating with new breakout positions at on the screen. Then I remembered that this wasn't the computer I was on when I slapped it on the chart. So I had to log in to one of my back up pc's (I have 5) and saw that I did not remove the EA. So after I turned it off, I was finally able to close the damn buystop/sellstop trades that kept re-opening.
In any case, if you look a little more carefully, you will see that none of the BuyStop/SellStops executed and was only in for less than a day. In fact, none of my recent closed trades even have EURUSD in it. I am not going to trade that pair until I can bring my account back to order. Then, I may start hedging again as I did in the beginning before I broke the hedges.
In any case, just so you know...I don't have to use an EA to hedge. I do just fine hedging manually. In fact the strategy I use is not used anywhere else to my knowledge.
If and when I can get this account back up to par, you'll see some of the hedging that I do....
DislikedI cant help but wonder:
You started with a $630, currently have $1085 but have open positions with -$548 P/L. And studying your trade history, you have a lot of BUYSTOP SELLSTOP positions every 10 pips waiting for EURUSD..
This reminds me of a group/EA years ago that basically kept losers open hoping for them to turn around and while they kept waiting for 6 months, the negative swap ate the account dry. The EA they used was called CheckMate - which I figured was meant to spam the account with tons of trades hoping to solicit commissions for...Ignored
In Charts We Trust!