Anyone have two accounts and do regular hedging?

[ElectricSavant]

Look..... gridtrading could never be traded institutionally with the published methods here or in Oanda...

the Drawdown is far too much (not you Coinzy )

 

[rallymode]

Quote from Maverick74:

Are you f*cking serious? Dude, you have no position!!!!!!

mav,

get a drink and go watch the entourage. New season is pretty good. LOL

Whether things make sense or not, there will always be people who will do them.

 

[illiquid]

Save your breath Mav, some people just need to believe the world is flat, while apparently there are others perfectly willing to sell them whatever they want to hear.

 

[ElectricSavant]

hey...

the "position of probability" is the location of the electron in the blank space on your perception of a solid surface.

 

[DrawDown]

Quote from Maverick74:

Are you f*cking serious? Dude, you have no position!!!!!!

You are flat the currency. Then once it makes a move you are only then initiating your first position, being either long or short. You cannot be both long and short at the same time without having gamma! My god, are you people scientologists or something?

You have zero control in this position. All you are doing is paying twice the vig to have no position. This is not the same thing as being long a straddle. OMG, I'm saving this thread for the highlight reels. This is truly amazing.

Dude... if I had no position I would not have any open money exposed to the market.

But when a rate moves UP my pip indicator (PI) reads +1. And when it moves down my PI reads -1.

So, how could I have no positions open?

The glory of the FOREX is cornering currencies. They move up, ya nail 'em. They down... ya nail 'em.

They cain't git awey thehm lil' dengers!!!

GIT AFTER EM! YeeeHawww!!!

dRaWdOwN

 

[sccz97]

Quote from Maverick74:

Are you f*cking serious? Dude, you have no position!!!!!!

You are flat the currency. Then once it makes a move you are only then initiating your first position, being either long or short. You cannot be both long and short at the same time without having gamma! My god, are you people scientologists or something?

You have zero control in this position. All you are doing is paying twice the vig to have no position. This is not the same thing as being long a straddle. OMG, I'm saving this thread for the highlight reels. This is truly amazing.

It's incredible isn't it? How anyone can think their net exposure is anything other than 0 is beyond me.

 

[OddTrader]

I don't know about grid trading at all. Is it correct that only the initial position(s) before any price movement is/are set to neutral?

 

[Bitstream]

maybe u can do this in a range bound environment, wether u not sure where mkt is gonna go first, take your profits in one side and then HOPE it turns around at least a couple of pips [your profits]. best scenario is if it turns around and keeps runnin' on your last 'leg' but man what u do is just hopin' innit.

 

[Sir_Pirate]

Quote from Maverick74:

ES, you cannot be this naive can you? You cannot be long and short the same instrument outside of an attempted arbitrage situation.

 

[Ivanovich]

Quote from Maverick74:

Are you f*cking serious? Dude, you have no position!!!!!!

You are flat the currency. Then once it makes a move you are only then initiating your first position, being either long or short. You cannot be both long and short at the same time without having gamma! My god, are you people scientologists or something?

You have zero control in this position. All you are doing is paying twice the vig to have no position. This is not the same thing as being long a straddle. OMG, I'm saving this thread for the highlight reels. This is truly amazing.

Do you know how many people have tried to explain this to him since 2004? (perhaps even before, but I came here in 04).

You'll never get through to him. Ask him about not using stops. That's the really fun one.