if we open buy and sell trade at same point then it means we are hedging our trade and hedging is also good strategy but its too complicated also..but if you can do it easily then you can trade also well..
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if we open buy and sell trade at same point then it means we are hedging our trade and hedging is also good strategy but its too complicated also..but if you can do it easily then you can trade also well..
Yes you are doing exceptional it is sheltered trading and some an opportunity I additionally do this when market is capricious. In any case I dependably watch definitely when I do that sort to trading in light of the fact that when costs return then I take one side profit and after that different loss recouping.
before you decide buy or sell, you should make analysis and at least know the main trend of the pair so that you don't enter against the trend or you gamble, also you can use an indicator to give you the best entry for your position in the right time
Of course, what you're doing great, it really is protected and exchange a certain period of time, we do it as soon as further industry will suddenly. Although I usually observed strongly after I do this kind to share mainly because as costs Back then I see another benefit in addition from there additional combustion recovery.
What you have mentioned is called Hedging where a trader performs both the trades BUY and SELL at the same price levels.This is done if the trade is bad or when market trends are not clear. When market is trading in a range and frequently showing ups and down two way position can be helpful..........................
Yes, you can make it useful, be safe store and sometimes when I was in it, if the market fails to mention. But then so every time I try to act, because the cost will be back, so I get a portion of the profits and losses of different then convalescence. If the deal is extremely varied and frequently reveals the ups and down 2 means the player is often useful when you close one seat and the result is visible and still return to profit and in addition, to achieve a reasonable rate of return with little risk.
Doubtlessly you are right . really supporting need great measure of cash and no doubt not suitable for neophyte trader which require exceptional information of studying of Forex . better its study first then exchange legitimate with small capital first .
Forex is a good currency business.When market is trading in a range and frequently showing ups and down two way position can be helpful, and after closing one position in profit you can wait for the another to return in profit.best of luck.................
I imagine This may manipulate for any embody, with affirmative results, when market is emotional in a tapered jeweler, and talk to do so. But an irruption can truly be deathly for much a switch.
buying and selling at the same point means you do not have good analysis of market and you not have good knowledge and experience to watch the market in which way market will go in next few hours..