Dislikedyou cannot apply your 10 page pdf to my trading because you don't know when MY trends start and stop, and when MY consolidation starts and stops, therefore what rules I'm applying and when.Ignored
No greed. No fear. Just maths.
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Dislikedyou cannot apply your 10 page pdf to my trading because you don't know when MY trends start and stop, and when MY consolidation starts and stops, therefore what rules I'm applying and when.Ignored
Disliked{quote} Forgot this one. I told you the text deals with the general case, independently of both the strategies and the market conditions. Your trend and consolidation definitions are therefore irrelevant.Ignored
DislikedWell, nobody has been able to show one example where opening an additional trade in the opposite direction instead of closing the trade adds even a miniscule amount of benefit. I knew that nobody would be able to offer a valid example because such a scenario does not exist. You people who do not understand the principles of hedging can continue to live in your fantasy hedging world where you can convince yourselves that you are being clever will never accept that any time you have 2 opposite trades open at the same time, you are just treading water...Ignored
DislikedWell, nobody has been able to show one example where opening an additional trade in the opposite direction instead of closing the trade adds even a miniscule amount of benefit. I knew that nobody would be able to offer a valid example because such a scenario does not exist. You people who do not understand the principles of hedging can continue to live in your fantasy hedging world where you can convince yourselves that you are being clever will never accept that any time you have 2 opposite trades open at the same time, you are just treading water...Ignored
DislikedThis type of "hedging' in the same account and the same market just doesn't make any sense.....Ignored
Disliked{quote} Some traders seem to be under the illusion that same-pair 'hedging' a losing position gives them two trades, which can then eventually and separately be closed out at a profit. Hence they end up with two wins instead of one loss. Of course exactly the same pips can be captured without the 'hedging', but curiously even some very knowledgeable and experienced traders apparently can't see how. I assume it's partly because they view their success in terms of trades, and win rates, instead of pips (or $) being harvested. This is a similar mentality...Ignored
DislikedHedging a profitable long term position for a time makes sense on occasions.Ignored
Disliked{quote} Yes it does. You just can't see it. I made a post on this recently.Ignored
Disliked{quote} Well, shit, with an argument like that then of course you must be right. Your posts exude confidence that can surely - SURELY - only be an extension of your intelligence.Ignored