For me hedge is much better than SL. I tried every strategy, every indicator, have created tons of EAs, but there is no chance to use SLs.
Also I have a very clean vision that trading has two parts: magic/luck or maths. Martin, grid, averaging, hard SL and TP, hard global profit TP and so on is just a magic. No math here. Also this is useless to create sets for pairs. Today they works next day not.
Strange that we all are using math (indicators, setups, sequences, calculation) for entries, but not think/program the exits.
For me the main question is not where to enter the trade. There are tons of ways to determine good entry. The main question is where to exit the trade.
Averaging against trend and waiting (praying) for reversal is pure magic/luck/casino. Wishing good trades recover loss trades - the same. What if we try to program exits?
I have noticed that stoch with 100/3/3 settings are good most time for exit. But the problem is that sometimes they (signals) are not appear. Any ideas?
Also I have a very clean vision that trading has two parts: magic/luck or maths. Martin, grid, averaging, hard SL and TP, hard global profit TP and so on is just a magic. No math here. Also this is useless to create sets for pairs. Today they works next day not.
Strange that we all are using math (indicators, setups, sequences, calculation) for entries, but not think/program the exits.
For me the main question is not where to enter the trade. There are tons of ways to determine good entry. The main question is where to exit the trade.
Averaging against trend and waiting (praying) for reversal is pure magic/luck/casino. Wishing good trades recover loss trades - the same. What if we try to program exits?
I have noticed that stoch with 100/3/3 settings are good most time for exit. But the problem is that sometimes they (signals) are not appear. Any ideas?
Observer effect
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