Nope..but why on earth would you want to switch places with a different trader once you're able to take the position on the opposite side, on your own?
Nope..but why on earth would you want to switch places with a different trader once you're able to take the position on the opposite side, on your own?
Options are a good thing, imho. You never know why somebody would, but a person could assemble it in their trading egy I guess. The fact that it doesnt exist today and therefore no one has used it doesn't mean that it could not be executed and have advantages we simply don't recognize yet. Interesting thought.
The advantage to changing trades with someone is that you can alter the direction of your trade, possibly becoming from a losing one.
I get this, and because all traders can hedge their positions by opening opposite orders and additional control their exposure to any reduction, would not that make more sense instead of swap positions with another trader?
OK, but then to change directions of your net position all you can do is add on bigger and bigger transactions and you're likely to have a lousy run wherever your margin becomes exhausted, then the market turns one final time of course you can not make that one final turn and your net place goes negative and you're then forced to take a significant loss. I have thought about systems such as these and used them but the market will always range also much . That is just my opinion of course.
IMO no matter what is being discussed here makes any sense.
Changing the direction of a trade doesn't reverse any losses to date, nor does it enhance the likelihood of your now being in the right direction, after the shift.
If you're net long while price is climbing, or net brief while it's falling, you earn money. Vice versa, you lose money. Nothing else matters: preceding transactions direction, preceding profit and loss.
Shing transactions, hedging, using your profit/loss to generate trading decisions, etc etc..... None of this changes market behaviour or probabilities. The market does not behave differently just because one insignificant retail trader is in profit or in loss. Focusing on these kinds of irrelevancy is a major reason the vast majority of aspiring traders don't loe a winning'advantage'.
If you would like to be a successful trader, study the real mechanics of the game: how and why move prices proceed, or at least the price patterns that the underlying mechanics produce. Then find objectively provable cases of directional or behavioral bias in price motion, and develop a trading system around them.
Of course, if the market corrects itself place the hedge placement, you are going to end up with a bigger loss..which is why as indies, it is much better to understand how the market operates, how price responds and moves..and setup an entrance. .
'Though I should point out that numerous traders have managed to market their positions successfully and believe there are a couple of threads incliqforexon this, but the egy changes from one to the other. The point is, rather than attempt to change positions with another trader, which you cannot do, you can either hedge or attempt to understand the why about the prices. .
If, by hedging, you mean being both short and long in precisely the exact same pair, then here are a few of those threads:
https://www.cliqforex.com/general-fo...ews-today.html
https://www.cliqforex.com/general-fo...opagation.html
https://www.cliqforex.com/trading-sy...r-ea-free.html
https://www.cliqforex.com/general-fo...1-usd-cad.html
https://www.cliqforex.com/trading-sy...ding-edge.html
https://www.cliqforex.com/general-fo...1-usd-cad.html
https://www.cliqforex.com/trading-sy...ding-edge.html
https://www.cliqforex.com/trading-sy...iders-den.html
https://www.cliqforex.com/trading-sy...g-journal.html
Bottom line is that hedging in itself doesn't provide a egic edge, because it's possible to create exactly the same pips by simply using only rankings; regardless of how you approach it, you can only ever be net long, net short or net flat, at any given point. It's all explained in the aforementioned threads (by those who know the mathematics involved).
The hedgers urge the notion of two distinct transactions which are coincidentally in the exact same pair you're able to look at it like this but it does take a good set of abilities to do this...I found out that I'm better in trying to average the position rather than trying to start a hedge position to attempt to save losses...
When it comes to analyzing markets, I am frequently incorrect. But with mathematics there's absolutely no room for comment. As Churchill once said: You can't ask us to take sides against arithmetic.
If you want a more detailed explanation, please feel welcome to see the threads that I suggested.