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Originally Posted by MegaLeads
EXACTLY! This is the worst - AND why an effective trading solution needs to have a mechanical collar.
The collar can look like many different things.. could be a hedge equal to the number of open positions... It could be a stop loss... It could simply be a re-evaluation of the market direction.
How bad doesd bad have to get before you realize your on the wrong side of the market???
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A hedge based on the signal of a trend leading indicator would be usefull. Like after a certain level of the progression or a certain loss the hedge kicks in until the indicator shows a trend reversal.