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  • Casual Articles - Forex Trading - The Myth of Hedging

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    Usually it is used instead of a stop loss. If the price drops too far, a
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    Some brokers will let you place orders on the same currency in the opposite direction. You can have a buy and a sell order at the same time (obviously at different prices).

    Others I know have two brokerage accounts. From there they will execute buys and sells on the same currency. Usually it is used instead of a stop loss. If the price drops too far, a

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    ite direction. You can have a buy and a sell order at the same time (obviously at different prices).

    Others I know have two brokerage accounts. From there they will execute buys and sells on the same currency. Usually it is used instead of a stop loss. If the price drops too far, a

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    Others I know have two brokerage accounts. From there they will execute buys and sells on the same currency. Usually it is used instead of a stop loss. If the price drops too far, a

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    unts. From there they will execute buys and sells on the same currency. Usually it is used instead of a stop loss. If the price drops too far, a
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    Usually it is used instead of a stop loss. If the price drops too far, a hedge is executed.

    There is a problem with this. Instead of closing out the bad trade, you've now paid the spread twice for the same trade. That's a good way to go to the poor house!

    The spread is an edge against the trader. It must be overcome and minimized at all opportunit

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