Quote from Chood:
. . . Use only a fx retailer who allows âhedging.â This is the foremost way to preserve your capital. BigDoughFX is very popular for that reason. Sasha, while awaiting his most recent parole, authored the landmark hedging program âNever a Losing Trade.â If you never have a losing trade, it follows that you will preserve your capital.
âHedging,â as Vladia explains it on dealer chat, is "channeling." As the customer, I become a medium for BigDoughFXâs vision of peaks and troughs in the virtual price action in a currency. Take the euro. When BigDoughFX releases the hedging signal, I enter my orders on the platform, close my eyes, lean back, breath deeply, and become the euro. âYou are the euro,â Vladia tells me.
Itâs easy after that: I make dinars when the squiggly lines in the euro (me) go up and when they go down. That is why Sashaâs hedging program, âNever a Losing Trade,â is so revolutionary.
Itâs really rather Eastern in concept and very popular in Mumbai, I understand.