Unreflected Topics
I was just wondering for those out there......(if any) had any views on three topics that many traders don't talk about too much. If anyone would like to share their views on hedging, optimization and pyramiding, I would really appreciate the feedback. I have my own views, that I am in fact comfortable with, but I was hoping this thread could help those out who are interested in more than just technicals, but rather in other subjects in trading. Thanks for the time. If you wish to share techniques, by all means go ahead, and if not there is no pressure, views on the subject will suffice. For me, I feel that the less optimization in the system, the better when dealing with mechanical systems. In fact the more you have the less your likely to open a trade. Thus, your system's failure rate goes up. As for Hedging, since I'm long term I like to use it when covering my position. Especially when news comes out, it keeps you in a profit, and in your position and you can ride out the news, and based on what happens when all is said and done, you can do as you see fit with your position. I don't like using it when I'm not in a profit, but sometimes, to widen my stop I use it, especially when it's around S/R. I don't like to use it too much though, because if I'm unsure of a position it is best to get out. Next for pyramiding, this I think is quite crucial when long term. However I have strict rules when adding and never reverse pyramid(adding a position larger then the original). Anyways, more responses could make this thread helpful. Have a good one eh.
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