I am using hedging not as a defence, as many here misunderstand hedging. Hedging is a very agressive attacking trading approach.
The folks here, all of them, want to trade just one direction only. Place a trade and forget. What are these guys? They know where the rate is going to NOW? Really? Are not they lunatics? Maybe that is why the deposits of a really large broker, about $10 mil USD each month deposited to the accounts get melted down to $0 USD at the end of the 6th month? This thing goes for years, already...
I do not know where the rate is going to. I am not shy to admit it. I want to make money. I want to catch the direction. I hedge. Will never stop hedging. That is how I catch a direction. Good luck to all folks that do know where rates are heading to. I am unlucky. Prefer to hedge...
Maadik Hugiis. IQ 69.
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