When people ask you what Oilfx "pro" means you tell them the pro part mean you are the Guru and the Master. You offer a 100% no-loss martingale and 40,000 pips a year, and here you are with you trousers down and a teeny weeny peeper for a sword. Let's see you show off what you can do MAKE THE CALL!
You forgot triple the profits provided by hedged systems , lowest probability of stops getting hit , three times further than single position stops , You won't know how much more profitable and easier it is.Last week 200 pips...................risk lower than t/a trading .....profitability greater. If only u knew how and the probabilities.
You can sell all the other b/s why t/a would work , only after clear evidence it does not always work.Traders are betting hard earned cash on delusional images provided by t/a. Why use t/a which fails and make money by trading ? Just sell snake oil on t/a , it is the only guaranteed way to make money.Game over. I am not against t/a , but use it with a pinch of salt , as many traders will incur losses as a direct result of solely using technical anylysis.
Just proof how commercial interest on forums play the game , after clear evidence of t/a failure ..............calls for removing thread . Some sponsors are selling t/a courses , systems , software etc...can't accept the truth. I could show you as many t/a set ups which fail , as the ones which succeed , so 50/50 ....no edge.
Oh dear... You simply don't understand your own positions, but keep arguing with others about what works and what doesn't. There is no such thing as a hedge. Forget it. 100% hedge = no position and doesn't make any sense aside from reaping the interest in the case of collar spread, period. Non-100% hedge = cross market position, period. You make pips due to primitive averaging down and you will keep doing it, until some day you will be unlucky enough to be heavily on the wrong side and get your ass handed to you. Please, go to some amateurish forex forums with this crap, it's not even funny to seriously discuss it here.
Hedges are removed when probabilities are in favor , this was mentioned earlier.You failed to read it. Go read it again , important things like stops are also mentioned , when hedge is removed stop is put in place.So you have a naked position with a stop after hedge is removed. It is not as simple.
Think why hft is successful and how they use sector hedging trades , think how a broker makes 3* the spread on e/gbp /gbp/usd and euro/usd..................They don't use t/a. 95% of traders get their ass handed to them , using an unreliable science /art which fails regularly , in a negative sum game after spreads and costs.
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The true figures are around 50% of the time in the direction of market support (avoiding counter trend trades) , less spread and slippage 2 = net 48 % with same target /stop.This is for trending ,t/a based systems. Hedging systems can do better because market ranges 80 % of the time , trending systems work only 5% of the time.Imagine a hedged system long s and p and russel , short nasdaq,and dow....potentially 80 % of the time you can make.
What is wrong with you?Have you blown your accounts using t/a? http://online.wsj.com/article/SB125996714714577317.html I only saw one of your calls , and it was correct .