DislikedSee #233, #234;
If one would trade with his real account in this kind of way I would think he couldn't be financially successful and if he put out all the hedging orders then the trader's job could be solely to control the risk of ruin. No doubt! Might be that things aren't as bad as all that. To upgrade the solution area you make step by step without terminating the account....Ignored
Dear ForexCube
First of all thanks for the answer to post 219.
Let me try to give you my interpretation on what you explained above. One of your sell orders is @1.41xx for 10 Lots and you are deeply in the red...So now you wait for a buy opportunity, enter with 1 lot....and then merge it with the 10 lot sell if it goes into profit......That seems not quite right to me and I have it wrong I think. I think that closing all positions would be the way to go and "restarting" within the current account seems the most reasonable approach. As you are in profit overall it makes it simpler.....and yes, I know you like this kind of challenge I prefer less open positions, but it is like playing chess. I always tried to reduce the amount of pieces in play and then use the remaining in the best way I could. It is more a matter of preference.
Have a nice week-end and now I will go for a swim in the Urnersee. Nice, cold and refreshing!
Larry