Hedging & SL.

[narendra]

how could that be? Are both of your positions in loss? And how you hedged on different pairs or on a single pair and why don't you close them

[narendra]

Yes but after trading on a demo for few days so you know the basics of platform and some ordinary indicators.Than you can invest some money which you can afford to lose.

[dmambi]

if we open a position with the help of S / R we can reduce the risk of loss and maximize profit we will get ... because if the price broke through one of which is usually the price will continue the trend ..

Yes trading around the support and resistance zones is always safe and lot of traders do that. Recently i also started using these things on my charts and finding them very useful to decide my entry and exit points. One can place the sl and Tp also around them.

[shah.zoor]

Stop loss to aik acha option hay laykin hedging her koi nae ker sakta. iss ko samajhnay kay liay kafi time cheay phir agr aap kay pass account balance bhi kam hay to hedging ulta nuqsaan day ho sakta hay. shaeed aik open order say aap ka account bach jaey, laykin hedging may 2 parallel order say dar ziada ho sakta hay mc honay ka.

[s19]

I had never used the scalping strategy, but without using a stop loss ... because if I use a stop loss of 10 pips, it will always hit first ... maybe it's because my analysis is still not good ...

in my view hedging option not acceptable in scalping trading. if your trading style is scalping then avoide hedging. but SL is very good. always put stop loss.
your trading style will improve after little bit exprience. find your right entry and exit point. this will help you.

[realfun07]

if we open a position with the help of S / R we can reduce the risk of loss and maximize profit we will get ... because if the price broke through one of which is usually the price will continue the trend ..

It is better or best to open your trades by putting stop loss as it helps in reducing the risk and it is way much better than hedging as hedging is done sometimes when a bad or wrong trade is done and one can reduce the risk.

[aryan]

usually we do the hedging, because we are wrong at the time of market entry analysis ...
it is true we must determine the point of support and resistance, and it's hard to do after we do the hedging / locking ...
we have to wait until a stable market conditions, and perform re-analysis ... so that we can reduce our risk of loss ...

[aryan]

I think when market conditions are not clearly better we do not enter the market ...
wait until the market begins to show the trend of prices, then we enter the market ...

[aryan]

to analyze and determine at what price we set a stop loss, we can use indicators such as Fibonacci, bolllinger bands, and others to analyze ...
we can set our stop loss on a few pips below the threshold of support indicators ...

[aryan]

I had never used the scalping strategy, but without using a stop loss ... because if I use a stop loss of 10 pips, it will always hit first ... maybe it's because my analysis is still not good ...