peridot14 Posted December 19, 2010 Report Share Posted December 19, 2010 Hi friends, Would really like to know how do you manage your forex account when you cannot afford to loose the money you are winning! Over a few years, I notice, most of us, trading on the retail side, have either Mini or Standard accounts. One begins well, strictly adapting to a system-eithe manual or EA,but at one stage, with most of us, either the Time Frame goes wrong, or some indicator,factor turns reverse and instead,all our BUYs turns negative-immediately reflected in the drawdowns! I want to know how does one get away from such a situation with a negative drawdown and decreasing free margin/equity? Does one hedge,if allowed by the broker and what are rules for hedging? Does one hedge equal amount of buys and sells? And ultimately how does one get out from this mess? Pl.inform/suggest views... peridot14 Quote Link to comment Share on other sites More sharing options...
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