U.S. traders: How have you "gotten around" the banishment on hedging? Hedging here being opening a Long and Short at the same time, on the same pair, on the same account.
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DislikedU.S. traders: How have you "gotten around" the banishment on hedging? Hedging here being opening a Long and Short at the same time, on the same pair, on the same account.Ignored
DislikedU.S. traders: How have you "gotten around" the banishment on hedging? Hedging here being opening a Long and Short at the same time, on the same pair, on the same account.Ignored
DislikedOpen 2 sub accounts with your broker. One for longs and one for shorts. IBFX allows me to do this with ease.Ignored
DislikedThat's what I was thinking. The synthetic pairs idea doesn't work all that great.Ignored
DislikedWhy would you want to hedge anyway? What is the sense in buying and selling the same pair at the same time? You are market neutral but paying double the spread. Any move in the market will get you nothing. Roll is cancelled out for a loss too in overnight positions. I'd LOVE to finally hear a good explanation for why some of you think hedging in the forex market is a good idea.Ignored
DislikedOk this is a good example. One migh want to hold a long term position on EU for a few weeks while also scalping the same pair in different directions multiple times per day.
But to those who hedge their positions to "freeze" or "lock" their profit/loss, it is simply nonsense in my opinion. People who think there is any benefit to this practice don't understand the very most basic principles of trading.Ignored