Breakeven by combining different instruments.
Good morning community, my new idea is about being able to compensate losses in an operation of a certain instrument with another instrument in profif.
It has happened to me to have about 4 operations on an instrument and that due to a very strong movement is in a very difficult situation. At the same time, I have had good profit positions. What I have done is close, for example, a 0.01 trade, perhaps the first order executed in the set, with a profit trade in another pair, that way I have managed to first decrease the distance in pips from the first order in the set. instrument in loss, reduce the margin and give more options to the breakeven of the pair in loss.
Hope you can understand me.
Greetings,
Ezequiel
If i've understood, you want to compensate a DD on a pair with another pair that is in profit (using the same set) ?