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WizardTrade replied Sep 13, 2022Price contained in a nice equidistant channel
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WizardTrade replied Sep 12, 2022True that there are quite a few brokers which are into this shady business but what about the rest of the brokers who have been into the market for the last decade or so and people didn't complain about them for withdrawals. The only reason I can ...
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WizardTrade replied Sep 12, 2022I have one long active. Couple of shorts and longs in the line. Your BE is not a far cry. Overall the GU is on a declining trajectory
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WizardTrade replied Sep 12, 2022That's where your intuitions play out. If you have spent a lot of time on a particular instrument you can dance with the flow of the price of that instrument or else less time spent more suicidal behavior it is. I believe you have spent quite a lot ...
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WizardTrade replied Sep 12, 2022Valid points but if mt4 and mt5 are useless then why is it that many people from our world are also minting money using the same tools regardless of netting or hedging type brokers. I think a shallow research may suffice to check what are the other ...
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WizardTrade replied Sep 12, 2022These margin limits are touched when you are using either martingale for either side of the hedge. If you are playing out with only 10% of your capital then I believe it is not of a problem for a conservative or a moderate trader. Yeah you are right ...
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WizardTrade replied Sep 12, 2022That's where personal temperament is important for being a trader. Experience can't be taught. You can't tell how you feel in a swimming pool to a person who is out of it
. You have to experience what others have been through to really enjoy the ...Cable Update (GBPUSD)
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WizardTrade replied Sep 12, 2022Thank you friend. Constructive criticism is conducive to learning new things. I am always open to it. Let's see how it plays out on my live TE.
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WizardTrade replied Sep 12, 2022I am not hedging the complete lots that is where I am playing with the correct strategy.
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WizardTrade replied Sep 12, 2022Ignorance was a rude word but I will not mind that coz I have tested this strategy on my demo account for over a year and then I am here to prove it on my live TE. Let's see how ignorant I am about my strategy. I would suggest you to wait and watch ...
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WizardTrade replied Sep 12, 2022Mathematically? Well I dont agree with you on this coz when you are playing with proper money management rules, you will make money even if you have all these (i.e., which you mentioned) reasons to stop hedging.
My TE will stay here for your ...Cable Update (GBPUSD)
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WizardTrade replied Sep 12, 2022Thanks for the comment. But what is the problem if we too make some money with the big shark

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WizardTrade replied Sep 12, 2022You are right. I have also witnessed plethora of content on hedging to be useless. But I have my hedging version tweaked so much so that I am confident it will play out well in the long run.
Cable Update (GBPUSD)
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WizardTrade replied Sep 12, 2022One hedge closed. Another in play. The price may hit 1.18xx soon. If not, then it may dip down to 1.14xx
Cable Update (GBPUSD)