In using your personal Grid Trading method/strategy, I was just wondering if you had ever used a pending hedge trade in the opposite direction of the grid trade?
That pending hedge lot size would perhaps be the total of the fully expanded trade position of the grid. ie if the grid, fully expanded was 10 positions at .1 lots then the pending hedge would be 1 lot.
The pending trade would only be for Black Swan events (hopefully) and not ideally used. (just to keep the margin in control until price contraction)
If the grid was bidirectional a pending could be put on both sides at an offset?
