What will be risky if we combine martingale and hedging? - page 5
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Hi Sky,
I totally agree about human interference in its use.
I think the bot is only as a tool, and humans as users.
Don't leave it entirely to the bot, but there must be human intervention in its use so as to produce the perfect combination.
Bots that I make on average have a feature in this regard.
Marty averaging is only suitable for use when sideway conditions and in pairs that are not so volatile, and we know that not every time is always sideway and no pair is not volatile.
The position is open for too long because the averaging marty will very likely be hit by a spike of thousands of pips or hit by trending thousands of pips.
Hedging only slows down affected margin calls, and if the bot is allowed to open positions continuously with lots that are always increasing, then the margin will thin out.
Human intervention must also be timely, knowing when to intervene and when only to make sure the bot is working perfectly. And of course this requires very good experience and money management.
best wishes for you
Thank you, Sugianto.