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Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,388
Thanks Received: 10,207
Actually that's exactly what you said...
ie you still think your right, but instead of treating it as two trades (unwinding the hedge to get back to the original position) you think of it as one trade.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,388
Thanks Received: 10,207
Honestly @Sad Planet we're just trying to help. The better you understand the risk and mechanics of trading the better the trader you can become. @kevinkdog and I have about 50 years of experience trading between us, and 50 years where trading is our primary sources of income. I know that doesn't make us automatically 'right' but it does mean we generally know what we are talking about.
What happened here? All I tried to say - and I probably didn't explain myself very well - was that in the past I've used a hedge instead of a stop and the circumstances under which I did that. How did that morph into - you don't understand risk, mind games, psychological problems, mental gymnastics, underlying issues, your broker loves you because you're an idiot and we've got 5000 years of experience and you need help from us, etc? Has this forum turned into one of the typical trading forums populated by a bunch of angry frustrated individuals who'll lay into you for no good reason? It never used to be like that back in the BMT days. This reminds me of why I stopped frequenting these types of forums regularly a few years back. Anyway, you guys have at it - I'm sure you'll find plenty of willing participants to interact with.
Maybe I'll see you fellas in a few years time. Adios!
