Le Tiss wrote: Ticks with Greening is the only reason I'm still here trading
I follow you as one of the experts..but cd you explain above comment please? It is clearly more profound than just hedging more greens than reds! Sorry if it sounds a silly Qn to u!
Recent "Starting out as a sports trader" blog - A question
That's not a short response, Black Ice!Black Ice wrote:Le Tiss wrote: Ticks with Greening is the only reason I'm still here trading
I follow you as one of the experts..but cd you explain above comment please? It is clearly more profound than just hedging more greens than reds! Sorry if it sounds a silly Qn to u!
I will post my answer later on when I have 5 minutes mate
your logic is half true.ShaunWhite wrote: ..
Hedging at 3.0 returns 32% more profit than hedging at 4.0 or from the other view...hedging at 4.0 returns 24% less profit than hedging at 3.0.
Also when laying first, each tick up earns you less than the cost of each tick down.
I don't understand why this isn't mentioned more, or is just passed over as being largely insignificant.
I could say the just the opposite:
Hedging at 3.0 returns 32% more loss than hedging at 4.0 or from the other view...hedging at 4.0 returns 24% less loss than hedging at 3.0
off course you are not wrong. You are wrong when you assume that you can always green/red out at the best price.ajdal wrote:Surely if you do, for example, a 1 tick scalp for equal amounts... greening that amount at a lower price returns greater??... I'm pretty sure I'm not wrong...??!?... which I think is what the OP is saying ??
what is the best price for greening is the worse for redding and viceversa.
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ShaunWhite
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Well after a whole load of coffee & spreadsheetalisification...taking losses, wins and step changes into account, aside from one or two specific cases, I can say with reasonable confidence....
...it makes sod all difference
somehow I thought that might be the case.
...it makes sod all difference
somehow I thought that might be the case.
And you assumed that I don't agree.... hahahagutuami wrote:off course you are not wrong. You are wrong when you assume that you can always green/red out at the best price.
what is the best price for greening is the worse for redding and viceversa.
I will add I am guilty of delaying hedging if I feel I can get a better price at a later stage... but it is very much swings and roundabouts...