How do you use IBFX's hedging? | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

What Happened to IBFX Hedging? 27 replies

IBFX Hedging back in demo 18 replies

IBFX is allowing single currency hedging. How does this help me? 6 replies

Anybody use IBFX Trader 4? 4 replies

What Hedging Strategies do you use and what is the strategy behind it????? 3 replies

How do you use IBFX's hedging?

  • #1
  • First Post: Jan 23, 2008 12:30am Jan 23, 2008 12:30am
Are there any threads/websites that discuss hedging strategies, such as that offered by IBFX?

Thanks.
  • #2
  • Jan 23, 2008 1:19am Jan 23, 2008 1:19am
NO
If I Go Broke Trying Then I Will die happy.
  • #3
  • Jan 23, 2008 9:19am Jan 23, 2008 9:19am
I think he means EUR/USD - EUR/USD = 0.
So why bother.
  • #4
  • Jan 23, 2008 10:04am Jan 23, 2008 10:04am
I made over 140 pips on USDJPY last night with a hedging strategy.

1st of all, hedging one currency is best done in a sideways market. This began on Jan 16 and is still in tact.

Secondly, you must be willing to take on a fair amount of risk as the opposing orders need to be placed well away from each other. i.e. whipsaws can grab all your orders just before price moves in an unfavorable direction.

Thirdly, every time in the past I've tried to explain my strategy, someone is always there to explain why what I've done so well in the past shouldn't be done, so I've resigned myself to silence on the subject until I have years of verifiable results that I can write a book about. I work two part time jobs and don't wish to spend valuable time defending what I know from experience to be true.

My advice to you is experiment with a demo account for as long as it takes to become cumfortable with the strategy. Try different things (think outside the box)

Good luck
PS I prefer a good strong trend to the current crazy markets, but in the end, it all comes down to profit.
  • #5
  • Jan 23, 2008 10:34am Jan 23, 2008 10:34am
Quoting Micro-MiniMe
I made over 140 pips on USDJPY last night with a hedging strategy.

1st of all, hedging one currency is best done in a sideways market. This began on Jan 16 and is still in tact.

Secondly, you must be willing to take on a fair amount of risk as the opposing orders need to be placed well away from each other. i.e. whipsaws can grab all your orders just before price moves in an unfavorable direction.

Thirdly, every time in the past I've tried to explain my strategy, someone is always there to explain why what I've done so well in the past shouldn't be done, so I've resigned myself to silence on the subject until I have years of verifiable results that I can write a book about. I work two part time jobs and don't wish to spend valuable time defending what I know from experience to be true.

My advice to you is experiment with a demo account for as long as it takes to become cumfortable with the strategy. Try different things (think outside the box)

Good luck
PS I prefer a good strong trend to the current crazy markets, but in the end, it all comes down to profit.

Good man.

Don't hedge 4thspace. Unless you have a detailed plan going into it and enough experience to completely understand the in's and out's of it and howto reduce the risk involved it can and most likely will be a losing proposition. I have seen money made with it, not saying it can't be done. However the same positions could be taken using a stop and limit vs a hedge to produce the same results with less risk.
The basis of a democratic state is liberty. ~ Aristotle
  • #6
  • Jan 23, 2008 10:49am Jan 23, 2008 10:49am
Quoting Vensik
Good man.

I have seen money made with it, not saying it can't be done. However the same positions could be taken using a stop and limit vs a hedge to produce the same results with less risk.
hmmm...
That's assuming that your stops and limits will be executed in this fast moving market. Personaly, I find that Buy and Sell limit and stop ORDERS are executed allmost always. The exception being during news releases. Too often I've seen my take profit and stop levels passed over only to turn back into a loss. That's the main reason I prefer opposing orders.
  • #7
  • Last Post: Jan 23, 2008 12:26pm Jan 23, 2008 12:26pm
Quoting Micro-MiniMe
hmmm...
That's assuming that your stops and limits will be executed in this fast moving market. Personaly, I find that Buy and Sell limit and stop ORDERS are executed allmost always. The exception being during news releases. Too often I've seen my take profit and stop levels passed over only to turn back into a loss. That's the main reason I prefer opposing orders.

Ok, I have used a hedge before to spike trade. I'll give you that. I made my first 50k through spike trading, but have since stopped. In advising someone with 6 posts who seems to be a relatively new trader I would recommend him to stay away from spike trading as well. The brokers have too many ways to combat it nowadays, and should you come out on top most will simply delete the orders (amazingly I've never seen them complain if you lose when spike trading). Assume you are not talking about news spike trading when reading my post.
The basis of a democratic state is liberty. ~ Aristotle
0 traders viewing now