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yes my brother, your strategy is called Headging, but it's very risky, you open two orders, Buy and Sell, and you close one when you hit a good profit, but it's very risky this strategy is used not the best shopping, they make great analyzed before entering the forex market.Quote:
Originally Posted by simbagi123
well if we talk buy and sell on only one point..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 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.
I'm not suggest you that type of hedging strategy. I suggest you first you learn forex and practice in demo trading minimum 6 months then you enter in real trading other wise you loss your all capital because your forex knowledge is very poor.
No doubt you are correct . actually hedging need good amount of money and no deoubt not suitable for newbie trader which need good knowledge of learning of forex . better its learn first then trade in real with samll capital first .Quote:
Originally Posted by taufiqbd
I guess it's like playing hedging. if you are good at this game then it does not matter. because I think it is rather difficult to run this system, because once we get in, then we would be confused to get out of this system.
What you accept mentioned is alleged Hedging area a trader performs both the trades BUY and SELL at the aforementioned amount levels.This is done if the trade is bad or if market trends are not clear.
yes, buy and sell at the same time when the market does not move it the same as we can not skilled in the trade. we should be able to determine when to enter and exit the market. a good trading strategy can make us know when to sell or buy a market price.
So you are calling anout a hesging strategy yes you can make good pips with hedging strategy but I do not suggest the new trader to do this cause they are not wxpwrienced enough to make profuts from the hedging strategy.
well i have also tested this method and it has some good and bad aspects , positive point is it's stopping loss capacity , suppose if you you buy and sell same currency pair at the same time , you can hold your both positions for an unlimited period without any loss except 5-6 opening pip difference loss , try this , and once if buy price move to 30 pips plus then sell price would in 30 minus and your profit would be zero or constant ,which was at opening time , i have developed 3-4 strategies from this method and it is very nice , but negatively , their are some risk also and the main problem is your positions blocking and waiting until prices doesn't turn , i think it is more useful in longer time frame trades .
wasa tu buy aur sell points use karna chiya woh is liya kay app kafi achi trading karah sakta hain is may kion kay points say kafi achi trading ho jati hai aur app is say kafi achi income hasil karah sakta hain jo app chata hain hain ......Quote:
Originally Posted by simbagi123