What’s the worst strategy you’ve ever traded? - page 3

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Ryan L Johnson #:
Basically, yes, but that chart image implies the use of a Hedge mode account. In a Netting mode account, all trades would likely be closed once price rises above the average position price. They're both so bad, I can't decide which is worse.😅

Thanks for confirming:

What is the difference between a hedge and netting account?
 
Osmar Sandoval Espinosa #:
What is the difference between a hedge and netting account?

It's determined by your broker-dealer (at the source, your local jurisdiction/regulations).

In a Hedge mode account, MT5 allows you to open multiple separate positions, and opposing long and short positions, simultaneously.

In a Netting mode account, MT5 averages all open trades into a single position having an average price, and opposing trades automatically offset each other immediately.

 
Ryan L Johnson #:

It's determined by your broker-dealer (at the source, your local jurisdiction/regulations).

In a Hedge mode account, MT5 allows you to open multiple separate positions, and opposing long and short positions, simultaneously.

In a Netting mode account, MT5 averages all open trades into a single position having an average price, and opposing trades automatically offset each other immediately.

I see,

I think that in México Hedge mode account is permitted, haven't seen a netting account.

 
Osmar Sandoval Espinosa #:

I see,

I think that in México Hedge mode account is permitted, haven't seen a netting account.

TBH, I've never heard of a mandatory Netting mode account outside of Untoward States of Affairs (USA) where I live.
 
Ryan L Johnson #:
TBH, I've never heard of a mandatory Netting mode account outside of Untoward States of Affairs (USA) where I live.
Me neither, I didn't know this was a thing...
 
Definitely grid martingale.
 
Martingale. Thx
 

Buying high... and Dollar Cost Averaging strategy.

[Deleted]  
Ive traded with alot of indicators but never met success. the worst one is reversal strategies
 
avantika jain #:
Ive traded with alot of indicators but never met success. the worst one is reversal strategies

Yeah. The list of worst strategies ever traded can probably be sorted by order of crapola like so:

  1. Martingale. More accurately... Martingarbage. Loosely, Texas Hold'em.
  2. Buy low, sell high. Calling tops and bottoms/immediate reversals─until the new trader realizes the intended purpose of the original ZigZag indicator... and how so many "semafor" indicators are really just the ZigZag.
  3. Coin toss. 50/50 because, hey, why not as a new trader─tossing a coin has been proven to beat new traders' strategies. Just declare intellectual bankruptcy and rely on luck, I guess.
  4. "Diversified" coin toss... because flipping multiple coins at once, um, must somehow improve the odds, I guess.
  5. "Dear in the headlights." After painstakingly analyzing an absolute spaghetti chart for weeks on end, all 27 indicators align, but there's only enough margin left for one trade. Numbness ensues... big eyed, in the midde of the road.
  6. "Revenge!" The trader believes that the market is a malicious person and intends to get even. Doesn't revenge require that the victim thereof be aware of the revenge taken? If the answer is no, please get some help.
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