Considering opening a sub-account on Oanda strictly for taking the other side of a position that’s hitting draw down. I remember seeing a presenter that was calling the regular practice a “new paradigm in forex trading.” I chuckled at the time, but now thinking it might not be bad for those situations where you haven’t hit your stop yet, but you know it’ll keep going to your stop and then return. To much like gambling?
Anyone do this already? What’s your experiences? Would you suggest doing it?