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birdland replied May 23, 2024first time i heard "fiber" for a currency pair, didnt know, but now i googled;-)
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birdland replied May 23, 2024the slippage will ruin you. try it with real account 0.01 lots, not demo. demo has no slippage.
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birdland replied May 23, 2024yes absolutely, the lack of leverage (or large bank account versus small lot size) is an edge, maybe the biggest one. and i think that even the banks and market makers (MM) build their business on this edge and trade similarly. (that's why hedging ...
Hedging/averaging trades without prediction
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birdland replied May 22, 2024to get back to the title "hedging/averaging". trading just GU...the secret is out there;-)
Hedging/averaging trades without prediction
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birdland replied May 21, 2024GU nothing changed to yesterday, but bearish divergences already obvious
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birdland replied May 21, 2024terry was talking about the ftse. there are years of experience reports. no one has these on CAC or other indices. patience & discipline and wait for the FTSE;-)
Hedging/averaging trades without prediction
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birdland replied May 21, 2024thank you...so yes, averaging is actually an edge in itself and something different from red/black probabilities in the casino. but it has to be done smart and you have to know where to stop or hedge or close everything with a loss.
Hedging/averaging trades without prediction
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birdland replied May 20, 2024of course! tomorrow the world will end and effect all currencies&especially gold;-)
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birdland replied May 20, 2024and once again the shitty bureaucratic EU has struck and has - in order to protect its citizens - limited the leverage on CFD products to 1:10-1:20. I spent the whole weekend looking for a suitable broker who also pays out the divis, but couldn't ...
Hedging/averaging trades without prediction
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birdland replied May 20, 2024yes i know, but also that will have no big impact on gold. they just change people.
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birdland replied May 20, 2024if you trade without a prediction, then you can only have the edge from money management. 1. a positive swap fee as already mentioned by lazy trader. 2. a market that favours one direction and you trade in this direction. 3. a market that gives ...
Hedging/averaging trades without prediction
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birdland replied May 20, 2024in my opinion, not much will happen. political legs are short and people are exchanged and replaced by new ones. and iran is not a big player in gold.
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birdland replied May 19, 202425% per year is a nice return, if you already have a fortune and need to manage it. but with little starting capital like $100, $1000 or $10,000 you won't get far to live on. you have to do compounding aggressively with 100% or more per year.
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birdland replied May 18, 2024GU strong sell zone from daily&h4 chart and macd divergence on h1
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birdland replied May 17, 20242% daily, 10% weekly and a good profit factor
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