Forex Trading: The Power of Risk/Reward & The Hedge | Forex
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Addressing a few trading myths including the power of risk/reward & why having a hedged position isn't a negative. For more information on The Syndicate Program visit http://www.tradeempowered.com/syndicate/
Comments
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Cool nice idea!!
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Hi Akil, please give me more informations about 12 weeks transformation. I have been registered to the Syndicate in the beginning of the year but I have stopped.... I will explain why
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so gooodddd video
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What if market hit both stops before it do a raly to any side ?
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What do you mean its not trading?!? This is core trading!!!
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A very helpful video, thank you Akil
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Great video!
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Puts you in a great state of mind when you can hedge.
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This helps a lot I won't blow my account again I hope
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What if you have a whipsaw reaction, like it moves quickly 50 pips in one direction and reverses 200 pips the other way. In this scenario, you get taken out both ways and your reward is nil. This can happen very quicly and even if u're watching , you might not be able to react quick enough to save anything. Or you might have set and forget the trades while you'are at work. Then you end up with zero pips and slippage charges instead.
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thank you for this. very interesting technique.
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I personally don't pay attention to R:R. But I'm not using a SL, I hedge - if need to - my losses. People over-complicate things by making trading look surgical. You must enter HERE, set a SL HERE, TP HERE and not 1pip more, R:R must be AT LEAST 2:1 etc etc
It's not like that, the market is way to fluid for these to be predicted. Better ignore them entirely and focus your energy on hedging and, who knows, eliminating the SL maybe you'll also increase your winnings ;) -
I REALLY like this
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Thanks Akil! Great info as always. However, isn't possible to get stopped out on both pairs? Appreciate it, thanks!
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Thanks mate. Your strategy work!
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Great video - very good explanation of hedging risk
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great stuff +Akil Stokes unfortunately my time zone is like + 16 hours with yours, so it doesn't make any sense to me to be a syndicate member. Anyway I'll keep on following you on youtube, keep it on !! Cheers
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Plenty of videos out there on strategy, most strategy work if you can apply what we just learned from this video. Again, big thank you Akil, your knowledge is priceless and I really appreciate what you are doing. I would hit that like button a thousand times if I could.
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Hi Akil, don't know if you remember me mate, I used to mail you all the time with patterns I thought I saw in the market. Just a quick hi & yet another little nugget for me to think about. You and Jason are still offering some of the best info out there for free.
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That's a good stuff. I have a problem with setting too tight SL. And even though I have right about next market moves, I get stoped out of my possitions.
But everytime I watch a video of yours or one of Jason, I talk to myself, look what these guys are doing! Process of learning never ends. Thanks a lot!