Brief hedging from your point of view

Hedging means holding positions on both sides and leave either side when it feels like gaining in price.
But this feeling of growth may be just a feeling and the price may continue to move after the profitable order is closed, increasing your loss on the second open minus order. Therefore, for me it is safer to trade with tight stop losses and not solve the dilemma of how to correctly open such a lock, consisting of multidirectional orders, so as not to get an even greater loss. At the same time, my broker fxopen has minimal spreads on major currency pairs, which allows me to set small stop losses on the instruments I trade with moderate volatility.
 
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