My goal in trading is to show a healthy profit in my account. I don't care whether a particular trade is a winner or a loser if the net profit is the same.smilee89 wrote:I don't know what is your goal in trading, but when I open a trade my goal is to have a winner (both long and short) and not closing a loser.
Given that, I cannot see any difference between "long 1 at A, short 1 at B" and "long 1 at A, exit long at B." No difference whatsoever. As long as you hold both the long and the short open, your net profits are unchanged. It is the same as if you had no open positions. If you then closed your long at C, you would be net short from B. I would accomplish that by opening a short at C. The profits on the trades would be identical, and you would avoid any hedging problems with US crims.
I've never understood the need for all these hedging trades. If I have a trade going bad, I don't want to cover it up with a hedge, hoping it will get better some day. If the trade went bad, I want to cut my losses and move on to a new trade with a clear mind.
Other people may well be different, and they may find hedging to be a useful tool. If they have no restrictions on hedging there's certainly no reason not to, except it makes it difficult for your colleagues in the US.
You have quite an impressive (and confusing!) tangle of trades in your first screen shot!! It must be a bit of a challenge to keep track of all of those.
What makes you get out early on some of the trades?
