This procedure is known as hedging and when you put this type of order your ultimate profit making will turn negative 6 pips balance due to both of negative balance. Traders do this when they need to lock their market.
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This procedure is known as hedging and when you put this type of order your ultimate profit making will turn negative 6 pips balance due to both of negative balance. Traders do this when they need to lock their market.
it is the thing who never give you loss because bro you play the trade on one point one on buy and the second on the sell then if market gone down then you get the profit and in second trade you get the loss but when then market gone up then you get the profit on the buy point and gone in loss in second trade
Forex is the biggest monetary souk in the the human race usage stuck between 1.5 and 1.9 trillion US dollars a daylight hours. The combination of noticeably constant but small day after day fluctuations in currency prices, create an location which attracts investors. Because of the liquidity of the souk, unlike about rarely traded carry, traders are able to kick off and close positions in a hardly any seconds as present are until the end of time willing buyers and sellers.
that means you are trying to hedge or hedging, though its a bit complicated method to employ but if you could do it well then its a perfect way to trade. What you have mentioned is called Hedging where a trader performs both the trades BUY and SELL at the same price levels. Good job........
If you can rent it this complex, and means that an ideal way to trade or hedge hedging, try to be that.
This is a very risky and very bad think trader are do two trading at same point and same currencies it is trading going not for loss and not for profit this trading are in the Cantrell point so please avoid.
I think forex is a good job 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.nice job...............
i need profi t.well if we talk buy and sell on only one point.. and again open other trade to recover already open trade loss...but its need continuty if you miss one chance then result is only losss. then in my view if you can stay in front of your trading system like pc or laptop then its good.. if we add one thing more this is like hedging technic.. but if we want profit then we must close one position after some pips
I think also we don't need to do it but some times we will get chance as like it so you need to leave from it without it too you can get your success 90% must just need to stay with forex tading all time.
OK, when market is trading bcoz we are part of a vary and frequently showing ups and down 2 manner position might well be helpful, and when closing one position in profit you might want to expect the another to firmly come in profit and shut that this means you get sensible profit with minimal risk,.