Ok mate. I'm just saying that I do it and it works for me. Even if the benefits are actually only psychological it is a viable strategy.

Hedging/Nedging

I get it, you are right your strategy works too. Absolutely no argument. Another way I use this strategy is as follows.. 1. Buyer identifies opportunity and buys 1 lot. 2. Price drops so buyer sells 1 lot. 3. Price continues to drop so buyer sets SL ...

Hedging/Nedging

Ok well I will take that as a win as you at least acknowledged that same pair hedging can work. Was like getting blood out of a stone though All I can say is that I do it and I do it successfully. It works for me!!! I try to keep all my hedging ...

Hedging/Nedging

I don't really need to tell or prove anything to you. I just ask you simply if you can see that what I do works? Can you not admit that it has merits, even if it doesn't suit you?

Hedging/Nedging

No it is not the better, it is just different. The main difference however is that you took a loss and I did not. I accept your methodology, can you not accept mine?

Hedging/Nedging

Consider this... 1. Trader studies the volume and knows that long orders are being accumulated - price will be going up eventually. 2. Trader decides now is the time to buy so he buys 1 lot......price drops. 3. Trader hedges to protect his account ...

Hedging/Nedging

Did you try it and couldn't pull it off? No shame mate, it can be tricky. But can you not accept that it works for some? Surely that is not so hard to accept? I see a pattern from the naysayers; words like "beginners", "bad traders" and "dumb ...

Hedging/Nedging

Ok here is what I will do... I will "manufacture" an example this week if I can. The reason I will have to manufacture it is that I actually try to avoid it. I only do it when I feel I have to or really want to for the purpose of protecting my ...

Hedging/Nedging

Hey Nobcake, I knew the sewer gates were open the minute you offered your initial ignorant perspective. Perhaps I have been dreaming every time I have hedged my position in order to limit drawdown before managing to close both trades for profit? Or ...

Hedging/Nedging

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Wiz Index

Most of my trades were taken using mobile phone today while on the go. Not ideal but thankfully successful none the less. Back to work next week so mobile trading will no doubt be what I have to contend with for a while. Can't wait to ...

Wiz Index

Yesterday I was top but then I was removed....I don't know why. image

Wiz Index

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Wiz Index

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Wiz Index

That is a matter of opinion. It may not be a method that suits you but to say no advantage whatsoever when others are saying it can be a useful tool is a bit ignorant. I occasionally use same pair hedging - if it offered no advantage then I wouldn't ...

Hedging/Nedging

If you are hedging for the purpose of account preservation then same pair hedging is the way in my opinion. The safest way is to forget about profiting from the hedge (2nd position) - use it only to protect your account and close near BE. Even safer ...

Hedging/Nedging

Roger out

5 years and still no strategy

This is all you need to trade successfully. I do use other indicators but my point is that what is on this chart holds the key image

Wiz Index

Activtrades or XM

Trusted Europe broker?