Disliked{quote} I fully understand that, and I also understand the following: I know that it seems that hedging provides an advantage, in that it having the two offsetting positions neutralizes the position (the 'pause button') while still giving you trading options (i.e. you have the opportunity to close both the long and short orders in profit). But, if you think it through carefully, the single-position trader has exactly the same opportunity, by simply opening a position (buy or sell) when you close out one of the positions in your hedge, leaving himself...Ignored
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