Dislikedsupport @ 1250 now, I'm just scalping at the moment, God knows where it will go nextIgnored
I am hoping for some correct so that i can atleast hedge
GoldenEuro Cross (XAU/EUR) GoldenAussi Cross (XAU/AUD) 51 replies
Gold futures & XAU 77 replies
Daytrade - XAU/USD & XAG/USD 14 replies
XAU/JPY & XAG/JPY 13 replies
Successful XAU/USD traders 7 replies
DislikedI probably could, but hedging means, i need to be front of pc all the time.http://cdn.forexfactory.com/images/smilies/yim/sigh.gif
are you hedging with options?Ignored
DislikedReverse trade looks to me as the idiot's way to make it look like he didnt lose that much money, and feel better about himself for seeing a positive trade along with the bigger negative one, plus paying 2x the spread.
just take the loss if it's too much to handle,
why didn't you put a stop loss in the trade especially if you're trading counter trend? that doesn't seem right to meIgnored
DislikedXtrade I'm short from 1234....things went so fast yesterday, i couldn't believe....
I've learned not to bump my head against the wall anymore, so...I will go on and hopefully make a better judgement next time...Ignored
DislikedSigh, well, looks like I might be going in soon. Ultimate top forming. Lets see if I can make it 25 straight winning trades.Ignored
DislikedI believe you mentioned being fairly new to gold,
My advice, regardless of what some others may say, and the potential quick profits, you should only be trading longs and setting up orders right now.
When the trend changes you will know....Ignored