Hello All people from all around the world
i wanna ask some question, because this is happening on me lately
i was buying gbpusd and eurousd, after i buying a few moment later
it drop like hell, i was holding that trade for a week and still in loss posisition
the yesterday i finaly cut the loss, its pretty much eat my balance account
now i wanna ask to you guys, are you buying gbp and euro when drop like hell, same as me
or youve been in the condition like me, holding loss posisition for more than a week
the question is, what are you doing in this condition?, holding a losing trade
hello sir malik
if you may think I prefer cutloss than hedging
kenepa
with cutloss our psychology will return to normal
different if we are already ploating minus and we are hedging
then the possibility is 2
1. Margin call
2. BEP
and for hedging also requires a fairly large balance
because the purpose of hedging is to eliminate loss
so when we sell 0.02 and ploating minus 2 $
then we will hedge 2 or 3 times from lot sell entries
0.04 or 0.06 buy
in the hope that it will anoint loss
minimum BEP