Using a hedge instead of a stop

Quote from Pekelo:

Nevertheless, you STILL have to figure out the right direction, before you remove the hedge and try to make it back. Just because you temporarily removed the risk, it doesn't mean you are going to get reward when you put the risk back.

So in this regard, hedging doesn't give ANY edge. You still have to time the market correctly...
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Yes, however it would have covered my butt over the weekend and still kept me in the trade since I would have been forced to deal with it at some point.

US30 opened up 85 points yesterday evening. This is the annoying thing about leaving yourself in a trade overnight or over the weeken. Often the price doesn't open at the closing price. A hedge would have locked in Friday's price. Did I do it? No. I will definately to it in the future.
 
Quote from bhardy307:

Gee, thanks for focusing on and ridiculing that part of my comments rather than focusing on my acknowledgement that I was uncertain:
"Anyway, maybe the experts will chime in and give you a better answer."

Tough to learn from you so called experts because you are overwhelmingly arrogant and full of yourselves.
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I think it is plainly obvious that you are finding it tough to learn from the experts because YOU are overwhelmingly arrogant and full of yourself.

You know the square root of sweet fuck all about trading and yet you abuse those who drop by to offer constructive criticism. Well sorry if those that know more than you don't have the time or inclination to honey coat their help in order not to upset your delicate sensibilities.

You come to this forum offering nothing, absolutely nothing. You ask for the input of others and then whinge like a whining child when the manner in which the responses are phrased bruise your delicate ego.

Pathetic. Utterly pathetic. No doubt my post will prompt you to respond with yet another infantile comment, rather than examining the underlying psychological condition which leads you interact with others in this way.
 
Quote from ScoobyStoo:

I think it is plainly obvious that you are finding it tough to learn from the experts because YOU are overwhelmingly arrogant and full of yourself.

You know the square root of sweet fuck all about trading and yet you abuse those who drop by to offer constructive criticism. Well sorry if those that know more than you don't have the time or inclination to honey coat their help in order not to upset your delicate sensibilities.

You come to this forum offering nothing, absolutely nothing. You ask for the input of others and then whinge like a whining child when the manner in which the responses are phrased bruise your delicate ego.

Pathetic. Utterly pathetic. No doubt my post will prompt you to respond with yet another infantile comment, rather than examining the underlying psychological condition which leads you interact with others in this way.
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I think that there are a lot of people on ET who are stuck, not making any progress, losing money, or convinced that they are an expert because they can make a bunch of pretend money on their SIM account.

I think that when some new guy comes along and suggests/ask about something that has already be eliminated by the above people, and more importantly defends that something, it is terrifying to the above failures.

The expectation is that I bow down and kiss the feet of these long term ET members who have no observable profle, and accept everything they say at face value.

I think your first reaction: "The illogical nonsense in this thread is quite staggering.", has nothing to do with me. You are in fact mocking yourself because you went through the same process while learning.

If you can't criticize an idea in a considerate manner, then kindly take a hike.
 
Quote from Pekelo:

Nevertheless, you STILL have to figure out the right direction, before you remove the hedge and try to make it back. Just because you temporarily removed the risk, it doesn't mean you are going to get reward when you put the risk back.

So in this regard, hedging doesn't give ANY edge. You still have to time the market correctly...
More...

I didn't think OP was talking about edge. Just using it other than a stop. I could be wrong though. Re-read OP you clown.
 
Quote from ScoobyStoo:

I think it is plainly obvious that you are finding it tough to learn from the experts because YOU are overwhelmingly arrogant and full of yourself.

You know the square root of sweet fuck all about trading and yet you abuse those who drop by to offer constructive criticism. Well sorry if those that know more than you don't have the time or inclination to honey coat their help in order not to upset your delicate sensibilities.

You come to this forum offering nothing, absolutely nothing. You ask for the input of others and then whinge like a whining child when the manner in which the responses are phrased bruise your delicate ego.

Pathetic. Utterly pathetic. No doubt my post will prompt you to respond with yet another infantile comment, rather than examining the underlying psychological condition which leads you interact with others in this way.
More...
Well stated.
 
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