Let's say your target is 10 pips, as a scalper. Your normal risk per trade is 2%. Don't worry about the RR, scalpers normally aren't but say 10 pip emergency stop.
For hedging, you spilt the risk, 1% risk buy, 1% risk sell. You place a perfect hedge, once you open a buy position, a sell position is also opened. It goes up 5, close sell position, let it ride to target.
Obviously, lower profits but the point is that it's safer IF the market conditions such as slippage and spread are perfect.
Anyone tried?
Sounds fun but messy.
For hedging, you spilt the risk, 1% risk buy, 1% risk sell. You place a perfect hedge, once you open a buy position, a sell position is also opened. It goes up 5, close sell position, let it ride to target.
Obviously, lower profits but the point is that it's safer IF the market conditions such as slippage and spread are perfect.
Anyone tried?
Sounds fun but messy.