if a broker filled my limit order at a worse price i would have to sue them on principle. that would be outright criminal theft. thats because a resting "take profit" by nature is a limit order. when you say "stop order" i assume you mean ...

whats with this "hedging" thing??

yes this is a great way to take advantage of brokers, but its more of an arbitrage than a hedge. btw, let me make it clear that hedging (the real kind) is an exceptionally useful tool in trading. my points in this thread only relate to the hedge ...

whats with this "hedging" thing??

raise your hand if you remember when most all brokers guarenteed stops. if that wasnt the easiest money in trading...

whats with this "hedging" thing??

i agree with you here, thats why i think it is essential that traders know how to program. by understanding and rewriting the code for an indicator you get a clear picture of the logic. this is the reason i am such a fan of the adx, because i have ...

The Ultimate Fallacy in Technical Analysis

true true, so really this method is worse than the traditional straddle. i doubt that forex market makers even know if the order is an entry or exit. all they see is a buy order, they dont know the purpose of the order (and why should they even ...

whats with this "hedging" thing??

my edge in both fundumental and quantitative trading is understanding the human element

What's your edge?

time, i already told you exactly how to find these statements in my last post here... CTA records!! do some homework man, the info is out there for you. (here, i will help: url ). why are you choosing to troll this forum instead of going to seek ...

Why is nobody willing to post their live account statements on here?

great post! yes a guaranteed margin call is equivalent to a guaranteed stop-market order. if a broker is stupid enough to guaranteed margin calls (and i doubt there are many) then we should be taking full advantage of the broker using the technique ...

whats with this "hedging" thing??

exactly! a REAL hedge is when you minimize your risk WITHOUT removing the potential for gain. and the only way to do that is to use two different instruments.

whats with this "hedging" thing??

how is this different from a regular old straddle where you put stop-entry orders 20 pips on either side of the market?? (hint: its not) a buy order is a buy order, it doesnt matter if it comes in the form of a "hedge" or a regular market order. if ...

whats with this "hedging" thing??

if a broker takes margin for even ONE position then it is dead wrong. there is no position, why in the hell would you need margin?!? can we get some confirmations from people using this feature with various brokers? are you being charged ...

whats with this "hedging" thing??

yes i see your point now. as you see in my post above i now recognize the swap problem. and now that i read your story again i can see how damn dangerous this can be!

whats with this "hedging" thing??

absolutely not. why would a broker treat a "hedge" order any differently than a regular market or limit order? i believe this is the fundamental misunderstanding about this hedge feature...the only difference from a hege and a regular order is that ...

whats with this "hedging" thing??

well somebody already posted an account statement in this thread, so doesnt that mean your challenge was met? also there was a statement posted in this thread, and i saw the statement before he edited his account number so it looked like a real ...

Why is nobody willing to post their live account statements on here?

yeah having multiple accounts is much better for keeping the accounting straight, imo. we need multiple accounts to trade effectively anyway, so you might as well use the opportunity to separate your strategies this way. and the other benefit is you ...

whats with this "hedging" thing??

whew! i got scared for a minute there. yeah margin should be at 0%, anything else would be scammish.

whats with this "hedging" thing??

what?!? the broker takes away your margin? wow, i had no idea about that. so yeah your right then, this feature is about double spreads.

whats with this "hedging" thing??

yeah after reading this thread a bit, i agree this is the only advantage. one thing i was just thinking of.... what are the rollover ramificaitons for this hedge feature? having never used it i dont know, but i suspect the advantage is on the ...

whats with this "hedging" thing??

ok this is the first bit of value i can see from "hedging"...it makes the accounting easier. but it still doesnt effect your money!

whats with this "hedging" thing??

not true! after you hedged you had NO position! when you have a position in the market, it means your PL fluctuates when the market moves. similarly, if the market movement has no effect on your PL, you have no position.

whats with this "hedging" thing??