Backtest with Me: Forex Hedging Challenge (Random Day/Pair Start)

Here's the challenge...start hedging on a random day and with a random Forex pair and get to flat at a profit. Is it really possible to make money with hedging? Find out in this video.
💎 RESOURCES
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Learn Forex hedging with this free PDF: www.tradingheroes.com/forex-h...
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NakedMarkets backtesting software discount: www.tradingheroes.com/nakedma...
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Get started with TradingView, the best charting on any device: www.tradingheroes.com/trading...
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My favorite trading books: www.tradingheroes.com/best-tr...
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My favorite trading software: www.tradingheroes.com/resourc...
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Trader funding programs: www.tradingheroes.com/resourc...
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Reprogram your brain: www.tradingheroes.com/resourc...
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Learn the complete backtesting process: store.tradingheroes.com/produ...
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MetaTrader EAs and custom indicators: store.tradingheroes.com/
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Free trading tutorials: www.tradingheroes.com/blog/
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Nostr: npub1v5ty092cnhtt6aehn0csu9mhfk0yprqz8335ae0y2y07fk95vmmqrn26pk
#forexhedging #hedging #hedgingstrategy

[@TradingHeroes]

Watch my beginner's guide to hedging here: ruclips.net/video/anRGAPHpzro/видео.html
Watch all of my hedging videos here: ruclips.net/p/PLOn0-_K-aYvRtCAS-wm9VuUw4ozdIS8kF

[@rodolfosilva5281]

Thank you very much for your videos, I am a beginner in Brazil, and I liked your hedging technique.

[@TradingHeroes]

Glad you liked it.

[@dylanlau8858]

new to your vids. probably commentary and thought process are helpful while u backtest.

[@Activate47]

i was doing it wrong in my demo account but have learnt something in this video

[@TradingHeroes]

Great!

[@TradingHeroes]

Do you think hedging is a viable trading method? What did you think of this video? Comment below...

[@melikeyalcnoglu8504]

thanks dear🍒🍓🍒🍓

[@TradingHeroes]

You're welcome!

[@tinhocbachviet5724]

thank you teach !!! im Thuan, From Vietnam

[@TradingHeroes]

You're welcome!

[@djxput]

By hedging do you mean buy and sell on the same instrument to make money and sell/or buy as needed? - Would there be a reason for this ie whats the advantage. And as far as the backtesting software - I was looking into nakedmarkets myself; do you find any disadvantages when using this as compared to ft5? ...

[@TradingHeroes]

1. Yes, buying and selling at the same time. There are many benefits to hedging, but the biggest one is is it puts you in control of when you take a loss.
2. NM is light years beyond FT. If you haven't seen the video watch it here: ruclips.net/video/5wx7ehDGnV0/видео.html

[@tokictover]

Do you always do analysis and trade within MT5 desktop app?

[@TradingHeroes]

Not always. I prefer TradingView, but it just depends which broker I'm using.

[@jameskim6921]

Thats really good to do almost 6% in 9 days. Most wish they can do that in a month. Would you ever consider doing mentorships?

[@TradingHeroes]

Yes: store.tradingheroes.com/product/zen8/

[@hannaelazzabi124]

6% is shit, im not even sure he covers fees regarding how many trades he has done. The commission collum is equal to 0...

[@TradingHeroes]

@@hannaelazzabi124Ooops, your comment makes it painfully obvious that you've never traded before 😬

[@hannaelazzabi124]

@@TradingHeroes feel free to explain how much fees u have paid after taking all those trades.

[@TradingHeroes]

Open a demo account. It's free and allows you to see how things work. For starters, dealing desk brokers don't charge a commission 😉

[@tinhocbachviet5724]

If the original goal is to hit down. The trend is always going up how do we do it, can I have an example? thank you teacher!

[@TradingHeroes]

Hi, don't understand your question, please rephrase. Thanks.

[@tokictover]

Were you using 2 accounts to be able to hedge in this example?

[@TradingHeroes]

Just one account. This is backtesting software, so it allows hedging.

[@mikemonard5418]

can a grid hedging strategy be automated in Naked Markets?I have a profitable strategy,want to try it out?

[@TradingHeroes]

I don't think it could be automated. Maybe partially automated.

[@adrianabrito7191]

It’s ok, they just don’t know :)

[@thousandlocks3258]

What broker s good to use when hedging?

[@TradingHeroes]

Answer here: ruclips.net/video/ZmjLBCefhXY/видео.html

[@brandonkoeberg492]

XM global

[@shabaazkhan6982]

Can you test a day trading strategy?

[@TradingHeroes]

Yes

[@sampercy6089]

In this example were you using any leverage? And what lot size were you trading? I am finding it hard to understand why you couldn't make more ROI. As in my head I see it as, if you used 2 accounts from the same broker. And had one that was responsible for buy orders and the other responsible for the sell orders. You open two trades up straight away that mirror each other and then when one of the orders is -10 pips the other order should be +10 pips, and so you close the first order at -10 pips and set the S/L for the second order at +10, and then set your take profit at +15 pips (for example). So you either ever only break even or make a profit, so if you had $500 in each account with crazy leverage and trading big lot sizes, I don't see why you couldn't make a lot more than 9%. Also, as soon as this trade is done it would then enter another straight away, as it is not relying on any entry requirements. I am a beginner, so it would be great if I could get a reply for why this wouldn't work.

[@TradingHeroes]

Try it out in demo or with simulation software. Then you'll see why I'm not risking more.