@tommor Nothing to do with the cases you described, the “technical issues” started on Friday 29 January 2021 while I was having single trades but I previously won during the two last hours six trades and no loss…
I’m looking for a way to block you from all my next topics since you are clearly trolling…
@Trendswithbenefits Nowadays it seems hard to find a good broker requiering a deposit of less than $10 (I lost to much money during the last years due to some negative entities…).
XM allow a minimum deposit of $10 but only a maximum leverage of 1:30.
What do you mean trolling? So far I’m the only person to have given a Like to one of your posts. I’ve answered your direct questions and given information you requested and tried to make sensible suggestions that might help - I watched the video clip you linked to in that post and found it sensible and informative. I sympathised with the stresses that must be experienced by living in a hostel and trying to trade at the same time. I don’t believe I’ve used any defamatory or offensive language but please point it out if you have seen it in my posts.
For your information, if any post is offensive, you can flag it: if a user attract enough flags moderators may take action. I’m sure you can also contact them directly if you feel the need.
@tommor You should not “sympathise” with the fact I’m presently in an hostel but INSTEAD I’m a victim of your corrupt government and police officers who stolen my business and now trying to blackmail me and/or illegally kick me off from the UK without paying me their bills of above 15 million pounds sterling. You are also definitively trolling by your hypocrite maneers…and I don’t want nor your “likes” nor your “advice”…
Your advice were obvious (and some were even wrong…) just like last Friday about the trading plan…
I didn’t check who gave me a like…I’m presently focusinf on the way to earn my first $100 and move on.
Today, about 2 hours ago, I faced again an attempt of entrapment (same yesterday…)…the corrupt undercovers are paid for that…
From my first topic I told you to ignore me in this forum…and this statement is permanent…
You should say more about this entrapment.
@tommor It should then be repetitive…Also cf my previous topics.
Trolling is defined as creating discord on the Internet by starting quarrels or upsetting people by posting inflammatory or off-topic messages in an online community. Basically, a social media troll is someone who purposely says something controversial in order to get a rise out of other users.
You could post up what you don’t like in my posts. You could go ahead and report me to the Moderator.
I can confirm I was at first going to ignore you and just go away but I couldn’t find the Ignore function.
However, I now accept that would have been my mistake and I am glad to be able to continue dialogue with yourself. I admit I do not fully understand what you are going through but I have to believe it is incredibly stressful and very real to you no matter what anyone else might think.
Please keep posting.
Lol
you look like you have some problems, relax man, not everybody is out there to get you, as it has been said to you if you are from the US as you do seem like, it is forbiden for traders to hedge there.
Hey @BlueFalcon, @tommor IS NOT a Troll. What he has been telling you is absolutely correct.
Your Broker does not have to warn you, If it’s in their PDS (Product Disclosure Document) then they can act as they have documented. If, as you have stated, you are using a non hedging Broker, they will just close your opposing position(s). They have already explained this to you in their document.
There is no such thing as “corrupt undercovers”. Is the market working against you? Yes, they make money when you lose, trading Currencies via CFD’s is a zero-sum game. All your Broker does is allow you access to a market, a platform and a set of rules with which to trade. It’s up to you to do the rest.
And stop ranting on about ignoring other members… If you don’t agree with what is being said, click away…You need to settle down and read, really read what is being said in these forums.
You cannot open any positions on a $10 account with 1:30 leverage. Read your Brokers PDS, research your Brokers regulation, search for any reviews on your particular Brokers behaviour prior to depositing a cent… It’s all quite simple. You should be aware of this before depositing $10… With anyone!
Hedging gives you zero advantage in the market, it is mathematically impossible to have an advantage with hedging.
And in most cases hedging has higher costs for the trader, wich his definitely in the brokers best interest to allow them to hedge.
Yes, very true… Another that has no understanding of applying Hedging… You don’t use Hedging for mathematical impossibilities… It’s used as a component of risk management.
Here is an example of Hedging used to protect against Drawdown…
That is exactly what i was talking about, you paid more spreads by hedging, while you could have done the same using a stop loss and paying less to your broker.
Your broker definitely loves you.
@TP89, You my friend are hilarious… Yep, it’s terrible you pay for 2 transactions and make a profit as apposed to the 100% loss making activity of closing out a stop… Each and everytime.
As I said, most here have no idea about hedging…
OK lets take your example.
Explain to me in your example what would happen when you closed your sell and opened a new buy if the market continued down?
Close the Buy at BE and lock the loss with another Sell. You have to make an educated estimate of where price is going to go… 80% of the time… If price has plunged like happened here, it will return to a similar level…
Like all games of chance it’s all about the percentage plays… Price hits your SL and it’s 100% loss each and every time… Hedge and its 50% you could make a slightly larger loss or 50% you could turn a losing position into a profit… Think about it…
Some common examples of price action
If you open lets say a 1 lot buy and if you set a stop loss, when the stop gets hit your broker sells 1 lot and closes your position, read this severall times it is really simple but you have trouble understanding this.
So what you did was you bought lets say you used 1 lot, then you closed your position with -4pips, and then you opened a new buy and made your money on this buy trade.
I know it doesnt sound as much sofisticated as your example but this is what you did.
Not at all… If your trading 1 Lot positions in these markets… then you are asking for trouble!!
Like all games of chance it’s all about the percentage plays… Price hits your SL and it’s 100% loss each and every time… Hedge and its 50% you could make a slightly larger loss or 50% you could turn a losing position into a profit… Think about it…
Pyramid in and Pyramid out…
You still have no grasp of how hedging can be applied…
Is there something wrong with what i said there? its micro lots dont worry about it.lol
