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...
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