Three trade Set and forget by anjan babu (Three trade Set and forget by anjan babu)
Hi, this is a very simple strategy. When you place a trade, you typically use a stop loss. But this strategy is different.
Instead of setting a stop loss, you trade the opposite with a larger lot size and create a proper strategic hedging so that you only need spread costs and commissions to break even.
Transaction example 1:
Buy 0.01 lots. The trade direction is opposite. You set two pending orders, 0.10 SELL and 0.09 BUY.
So now you no longer have to take losses, but instead adjust the average sell price and the average buy price to the same level and equalize the lot sizes.
indian add on
Instead of setting a stop loss, you trade the opposite with a larger lot size and create a proper strategic hedging so that you only need spread costs and commissions to break even.
Transaction example 1:
Buy 0.01 lots. The trade direction is opposite. You set two pending orders, 0.10 SELL and 0.09 BUY.
So now you no longer have to take losses, but instead adjust the average sell price and the average buy price to the same level and equalize the lot sizes.
indian add on
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