Thread: Hedging System

Anyone here use the fixed chances websites to hedge stop losses and the likes on their actual transactions? I believe I have come up with a way of doing this obviously it cuts your profit a bit but stops some big losses if your stop is hit. Any notions?

I use IG index and typically go for #20 per stage about the currencies. I place my stop say 200 points away from the live degree of EURUSD. I place my trade and then I proceed to stakes for traders. I found this site on monday but as yet its not accepting real cash. I buy what they call a one touch bet only say 1 point prior to my IG stop. Generally for #50 to acquire #1000 and buy four of them. Therefore for #200 I am now covered my entire reduction hence #3800 better off if my stop is struck.

Anyone any opinion or experience with this type of thing?

Have you assessed BetOnMarkets?

No not yet, will go and look now. Can you use Betonmarkets?

Originally Posted by ;

No not yet, will go and look now. Can you use Betonmarkets?

I have used it moved on, your method looks interesting though make you actually sell your wager back when you reached your goal on the spot market. You could go to get 10-20 points on 10 lots and still be able to sell your hedge bet for a good price

Jones,

I want to know what is happening here because it sounds intriguing.

OK, so do you use 2 brokers? or what? Do actually trade a place rate a broker, then what? It sounds intriguing, but I can't figure out just what you're doing. Can you give a little more detail?

1) Are you using 2 brokers and trading in reverse directions using a single as a hedge against the other?
2) If so, how do you make money doing so?

Originally Posted by ;

I use IG index and usually go for #20 per point on the currencies. I place my cease say 200 points off from the live degree of EURUSD. I put my trade and then I go to stakes for traders. I discovered this site on monday but as its not taking real cash. I buy what they call a 1 signature bet only say 1 point before my IG stop. Usually for #50 to acquire #1000 and buy four of these. Therefore for #200 I'm now covered my full reduction hence #3800 better off when my stop is struck.

Anybody any experience or opinion with this kind of thing?

Possessing a better look at it BoM looks expensive for this kind of trading. What crossed my mind is that you could take numerous scalps. As soon as you reach your profit target then await price to retrace at introductory level to take a new commerce. Will have to do more thinking and testing...

Originally Posted by ;

I use IG index and typically go for #20 per stage about the currencies. I place my cease say 200 points off from the dwell level of EURUSD. I put my trade and then I proceed to bets for traders. I discovered this site on monday but as its not accepting actual cash. I buy what they call a 1 touch bet only say 1 point before my IG stop. Generally for #50 to acquire #1000 and buy four of them. Therefore for #200 I am now covered my full reduction consequently #3800 better off if my stop is hit.

Anyone any experience or opinion with this type of thing?

Sounds too good to be true. Therefore you're receiving a #4000 stop 200x #20 for the price of #200?

If that were accurate everybody would be doing it absolutely!

I've found the website you are talking about Jemma and played with the bets. If you go long #20 per stage and put your stop 200 points away for #200 yes you are covered if the market falls 200points in 3 days but when it falls only 195 points such as then you will still shed a lot of money, nobody has stops that wide!

OK its not fool proof and my example wasn't the best. You make a fantastic point there Schoe, but I am going to do more exploring on this and post my findings. I will paper exchange it and try different ceases and one touch stakes. Hopefully it can be optimized by me in someway.

Could be good for some form of downside protection.