DislikedFirstly, it is all about how you manage your trades. For example, a 2-pair hedge can be paused with the help of third pair any time and continued when market changes. When trading EU and GU, and they both move to "wrong" direction longer term, you can always enter one more trade on EG to fix the situation and come out of the situation later.
It is pure brain work and play with the theory of probability. It is very, very far from mechanical trading, especially using EAs.
Using hedging means that you do not use too big lots and you are ready...Ignored
Averaging is a good but a very dangerous way to reduce your looses.