Hi,
I just read an article on the guardian's website about trading courses etc and the writer said the speaker said "Always place the same number of trades long (speculating that prices will rise) and short (that they'll fall) so you're covered whichever way the market goes. And never forget to use a "stop loss" to minimise any losses."
Does anyone actually do this ?
Quote:
Originally Posted by obayesshelton View Post
Hi,
I just read an article on the guardian's website about trading courses etc and the writer said the speaker said "Always place the same number of trades long (speculating that prices will rise) and short (that they'll fall) so you're covered whichever way the market goes. And never forget to use a "stop loss" to minimise any losses."
Does anyone actually do this ?
Hi obayesshelton,
Welcome to T2W.
There is a thread from last year in which the pros and cons of doing this were debated quite vigorously and at length. Check it out: Can you be long and short at same time?
Enjoy!
Tim.
Going long and short
Thank you very much for that
Quote:
Originally Posted by timsk View Post
Hi obayesshelton,
Welcome to T2W.
There is a thread from last year in which the pros and cons of doing this were debated quite vigorously and at length. Check it out: Can you be long and short at same time?
Enjoy!
Tim.
Sounds a lot like Martin Carter's MRP systems. I read an article recently (sorry, I can't remember where) about how correlation in the markets is on the increase with faster trading, betters comms etc - and how correlation trading is the way of the future??