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Becks25
Alternative hedging strategy in case of drawdown
em
Novos Negociantes
Jun 06, 2022 at 11:00
Hi everybody,I'm a medium experienced Forex trader.I would really appreciate to receive your comments about a strategy I'm probably going to implement in the near future on EURJPY.I'm currently in a drawdown, with 5 Sell options opened respectively at 136.15, 137, 137.8, 138.8, 139.45 and one in pending at 140.95. My account can resist until 143.7, but if we reach that level I will close my account, since my broker closes automatically at a Margin Level of 50%.So my strategy is to open a seventh option in Buy this time with lots equal to the sum of the six Sell ones, in order to he...
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