DislikedAn idea for hedging. Hedge the hedged order with the lots proportional to the pip difference to the first hedge order and with partial closing. For example; There are 5 buy orders(0.1lots) that is not closed and market goes down.6. buy order will be openning with 0.6 lot sell order.Then market goes up for example 20 pips,new hedge of hedge order will be openning with 1.2 multiply factor (0.72 lot) buy order with partial closing function.And if we predict minumum target profit also so loosing will be hard. İ hope ı could tell what ı...Ignored
Also what if the market turns down again? When to exit the second hedge? Why not just exit the first hedge and open a buy order of 0,2 instead.
If someone could elaborate?