if you have a hedging mindset , you must have a "PLAN B" if things go wrong . because you dont want to close overall in LOSS after long days . So before you open your first initial trade you must know whats your level and whats your plan , because PLAN B should also be a Profitable Setup .
Sometimes your trades can get stuck for months if you want to clear your hedges without any losses. Not all losses can be cleared without a loss and new hedges can get stuck along the way while you try to clear the losing trades
👍Dynamic hedging -- thanks, yes, a smart management- strategy.👍Btw, what if price continues to move against you, in a trend reversal, at what point - and at what loss -- would you close????
You Should Do This On Bigger Time Frames With Small Lot Size Aiming Bigger Target Or Do This On 1M With Resistance And Trend And Use Small Lot With Short Targets So That You Can Make Money
👍Btw, thanks, your trade-management strategy itself is clearly presented here. 👍(Please come back on the channel and explain what to do if either a) the price crashes through multiple hedges, or b) price nicks into a hedge but then bounces about. )
Agreed. This was my comment, above. My solution is no more than 3 hedges, and then close them all -- accepting the loss which is still there between the initial trade and the first hedge.
One thing i have tried is that i follow support and resistance and keep adding in small sizes to my winning position. This eventually helps to reduce the initial loss side and I cut positions on next support resistance. Mostly in profit or sometimes in breakeven. I have tried this multiple times and it worked well.
I understand this concept and acknowledge that it is better than placing stop losses. However in your working example it is important to understand that once two short positions were in place and the buy had been sold. It would have been necessary to pace 2 buy stops above the latest sell stop to fully manage risk. If then the market turned and triggered both the buy stops you would now have locked in further losses. Yes you can keep on adding to the position within support and resistance zones as the market moves. Don’t forget overnight holding fees as well. You do need a prepared plan before you start to trade and know your different levels and what risk will be locked in at each stage.
That SL of sell entry must be the buy entry against sell entry but its lot size must be 3.5 ratio in order to double the actual profit. Its TP must be the same with SL. No more losses, just don't enter in a ranging or sideways market.
How can you hedging in the same account, whenever you have a short position if you hedging buy it will close that short position out asap?? So please let me know how can you hedging??!!
Thank you sir for the thorough explanation and demonstration of your hedging strategy. My question is: Do you use the same position size for all your entries?
Hello, i new i just want to ask: When i see hedging strategy there is something like that : first 0,1 lot than double 0,2 than 0,4 and final like multiple times it goes to 48 or something like that so its 8 or 9 operation to make this strategy succesful im i right My question is why ???? what happend if i will double lot goes to 48 lot and what if market will still in my "wish" Second question: If that works like that how much min money must i have to make this trategy work , i can start from 0,01 lot its ok do i have chance to start with 450$ and use strategy,,, i will have then only 30$, 60$, 120$, 240$ so its 4 "possition" not 8 or 9 when it s show on images of hedging strategy which i still dont get . Best regards
I understand what this guy is doing, but what I would have done differently is kept that initial sell/buy " locked" like he did then jus waited for another setup that would have wiped out the locked position. He wiped out the buy side completely leaving a floating sell order with no backend protection. It could have turned around on him and then he would have been fuked lol
Good point - so you would have kept the hedge trade (long) open until what point? Net breakeven between the two? Or until price reached one of the 'grey zones' to see how it reacted? Or close it as he did but then have a stop buy order as a trailing hedge that would trigger if price had reverted against the original short trade?
If you trade pairs like Xauusd and Gbpjpy, the market can create a false wyckoff tricking you to release the buy order, and continue to go bullish for another 300-500 pips creating more fake reversals along the way. Even if you keep setting new buy stops, you will end up releasing them due to the fake reversals. It can still result in huge losses if you keep adding more positions Whenever the market has abnormal daily range for that day, we can still get fuked big when we release the hedges
This is good......the only issue is that you have to be constantly in front of the screen, for me its not a problem if its during the day, but after a certain time it is difficult to follow.
Just use alerts. If you miss one no big deal, just wait for another level or set up, and continue from there. You don't need to live on the charts and using the hourly or h4 really does help if you're limited with time 👌
It can work the opposite way. If I'm in a bit of drawdown, want to stay in the trade but need to do something else or sleep, sometimes I'll just hedge the trade, then I don't have to worry about going further into drawdown.
This is a great strategy in the first hour of the market opening. I use it everyday and been 85% Plus.. my strategy is a little bit different but similar
what i dont get is the following, you put the Buyorder as a Stoploss and Closed it with the opening of the second short order. But what if you never reached your zone for the second short. instead the market picked up your buy order/SL and then goes down. so now you have your buy order in a loss and your short in profit. how to get out of this situation?
I see you're working on this one hour. You have several days worth of candles there. Do you type in you SL and TP to come out of your trades automatically or do you watch and manually make your moves on a daily basis?
Where is the difference to close the trade and reentry with double size ? It’s exactly the same result, but you can’t give it the name hedging. If you are hedged, you are neutral. Same when you close the position 🧐
VAlid point. And closing + doubling other direction = martingale. As far as I currently see it, hedging reduces the occurrence of losses, but if they come, they are bigger. On the bottom line the diffences could be minor, unless hedging (position size increase) gets out of hand. Then a loss will be so big, that a blown account is likely.
the difference is u dont close losing trades or u’ll have way less pretty much, but its risky if it goes the other way cause losses get bigger, if lets say on the second trade it went to “sl” which is another buy stop then you’re down 1% in one trade which is gonna be hedged but you’re down 2-3 or more in the other, ofc the profits are bigger too
you do the opposite its simple, he closes out his sell position for profit since you said it reverses immediately, then he waits for the next buy setup and does a second buy trade and if hes correct the second time he will close one BUY position at break even maybe and the other BUY position for profit, (if its confusing what i said just think of doing the opposite of what he did buys instead of sells
This strategy is really efficient I use it everyday maybe a little bit different than how he do it but the hedging strategy is a great profitable strategy... You just have to build your own style with it 💪🏾💪🏾💯💯💯💯💯
i have the same practical question, how to operate this in real life. yesterday i was in a 45 min call with my broker trying to find a way to hedge using TradingView... but could not find a solution. we all know a buy order with a short position will close the current short position. my solution has been to use another account in another broker simultaneously, but it's complicated, not practical and dangerous if i need to manage the trade outside my computer environment (market closes for me at 1:30am and I'm not in the office until this time) anyone has a suggestion?
@rustynikau i am a futures trader and i have the same practical question, how to operate this in real life. yesterday i was in a 45 min call with my broker trying to find a way to hedge using TradingView... but could not find a solution. we all know a buy order with a short position will close the current short position. my imperfect solutions have been : 1) to use the next contract for the hedge, but it's very complicated since the prices will not be the same, so your hedge price will be placed based on the market structure of the next future contract, also you have the risk of low liquidity in the next future contract. 2) to use another account in another broker simultaneously, both options are complicated to execute, not practical and dangerous if i need to manage the trade outside my computer environment (market closes for me at 1:30am and I'm not in the office until this time) have you found any practical way to implement this, any suggestion you cannot share? thanks
as easy as as that? my God i just learnt to trade, determine direction, smaller timeframes, find support and resistance zone to enter and wait for retrace ...patience is key whether buy or sell.
One thing i have tried is that i follow support and resistance and keep adding in small sizes to my winning position. This eventually helps to reduce the loss side and I cut positions on next support resistance. Mostly in profit or least in breakeven. I have tried this multiple times and it worked well. But again there is always room for improvement.
@@ifoundthistodayInteresting. I mean, with every additional hedge, he does make some amount of loss (because he has to wait and see if a hedge is needed while the price continues to go against him). So it makes sense that he can only cope with a handful of non-bounces in a row.
the guy sure is a pro. but so many things can go wrong. this explains what hedging is, but its a little too short. I have a lot of questions in my head tho. good intro thanks
"Let me just go back here guys", nah, your analysis is biased at this point since you saw the next candles. I don't understand how anyone could take this seriously. You don't just "go back" on a trade. Next.
@mrbwetch i am a futures trader and i have the same practical question, how to operate this in real life. yesterday i was in a 45 min call with my broker trying to find a way to hedge using TradingView... but could not find a solution. we all know a buy order with a short position will close the current short position. my imperfect solutions have been : 1) to use the next contract for the hedge, but it's very complicated since the prices will not be the same, so your hedge price will be placed based on the market structure of the next future contract, also you have the risk of low liquidity in the next future contract. 2) to use another account in another broker simultaneously, both options are complicated to execute, not practical and dangerous if i need to manage the trade outside my computer environment (market closes for me at 1:30am and I'm not in the office until this time) anyone has a suggestion?
JOIN MY FREE TELEGRAM TO SEE HOW I'M TRADING: t.me/+7DXVoqjqijowMWEx
if you have a hedging mindset , you must have a "PLAN B" if things go wrong . because you dont want to close overall in LOSS after long days . So before you open your first initial trade you must know whats your level and whats your plan , because PLAN B should also be a Profitable Setup .
Any suggestions for plan B?
Bro what’s your plan B
Sometimes your trades can get stuck for months if you want to clear your hedges without any losses. Not all losses can be cleared without a loss and new hedges can get stuck along the way while you try to clear the losing trades
Yep..... Nick has given the Sauce he was the first I saw Hedge❗️
👍Dynamic hedging -- thanks, yes, a smart management- strategy.👍Btw, what if price continues to move against you, in a trend reversal, at what point - and at what loss -- would you close????
I was hoping the interviewer would ask that question.
You Should Do This On Bigger Time Frames With Small Lot Size Aiming Bigger Target
Or Do This On 1M With Resistance And Trend
And Use Small Lot With Short Targets So That You Can Make Money
👍Btw, thanks, your trade-management strategy itself is clearly presented here. 👍(Please come back on the channel and explain what to do if either a) the price crashes through multiple hedges, or b) price nicks into a hedge but then bounces about. )
I find hedging a really interesting concept but I’m yet to see someone who explains how to exit when it goes wrong
Agreed. This was my comment, above. My solution is no more than 3 hedges, and then close them all -- accepting the loss which is still there between the initial trade and the first hedge.
@@jonathanlee5185 I guess it would be no different to having 3 consecutive losses would it ?
Was gonna ask the same question, tbh. This is hard if it still goes against u the 2nd and 3rd time but they might have some rules around it obviously
One thing i have tried is that i follow support and resistance and keep adding in small sizes to my winning position. This eventually helps to reduce the initial loss side and I cut positions on next support resistance. Mostly in profit or sometimes in breakeven. I have tried this multiple times and it worked well.
Was thinking the same ,
Most people will never understand bt his right i trade hedge only it works u just hv to hold trades for to long bt it works
I understand this concept and acknowledge that it is better than placing stop losses. However in your working example it is important to understand that once two short positions were in place and the buy had been sold. It would have been necessary to pace 2 buy stops above the latest sell stop to fully manage risk. If then the market turned and triggered both the buy stops you would now have locked in further losses. Yes you can keep on adding to the position within support and resistance zones as the market moves. Don’t forget overnight holding fees as well. You do need a prepared plan before you start to trade and know your different levels and what risk will be locked in at each stage.
That SL of sell entry must be the buy entry against sell entry but its lot size must be 3.5 ratio in order to double the actual profit. Its TP must be the same with SL. No more losses, just don't enter in a ranging or sideways market.
If you're funded, watch the drawdown with this strategy
How he trade he protects his drawdown with an opposite trade
@@itumelengratau6128 you have to be very careful how things are calculated depending on the platform you are using, because it can differ by company.
Never hedge with a funded account because you’ll always lose
@@jabumzizi1492how do you know are you pro?
@@jabumzizi1492 not true you just have to dial down your position sizing... with a stop loss you'd be in a worse position.
SL’s in hedging is important. Otherwise losses will just keep running up. But SL’s can cause you to close a trade prematurely. Hard balance sometimes.
hedge only once, is enough
How can you hedging in the same account, whenever you have a short position if you hedging buy it will close that short position out asap?? So please let me know how can you hedging??!!
you are confusing with netting account and hedging account. you should know the differences.
A very comprehensive look into how hedging works, great content.
This is one of the best video ever . Thank you And love to see more videos on Hedging ❤
Thank you sir for the thorough explanation and demonstration of your hedging strategy. My question is: Do you use the same position size for all your entries?
yes you have to use same position size .
Hello,
i new i just want to ask:
When i see hedging strategy there is something like that :
first 0,1 lot than double 0,2 than 0,4
and final like multiple times it goes to 48 or something like that
so its 8 or 9 operation to make this strategy succesful
im i right
My question is why ???? what happend if i will double lot goes to 48 lot and what if market will still in my "wish"
Second question: If that works like that how much min money must i have to make this trategy work , i can start from 0,01 lot its ok
do i have chance to start with 450$ and use strategy,,, i will have then only 30$, 60$, 120$, 240$ so its 4 "possition" not 8 or 9 when it s show on images of hedging strategy which i still dont get . Best regards
I understand what this guy is doing, but what I would have done differently is kept that initial sell/buy " locked" like he did then jus waited for another setup that would have wiped out the locked position. He wiped out the buy side completely leaving a floating sell order with no backend protection. It could have turned around on him and then he would have been fuked lol
Good point - so you would have kept the hedge trade (long) open until what point? Net breakeven between the two? Or until price reached one of the 'grey zones' to see how it reacted? Or close it as he did but then have a stop buy order as a trailing hedge that would trigger if price had reverted against the original short trade?
in my senses he is trying to find a loophole forcefully., however he is not understanding the concept at all., he would have closed buy trade at loss.
If you trade pairs like Xauusd and Gbpjpy, the market can create a false wyckoff tricking you to release the buy order, and continue to go bullish for another 300-500 pips creating more fake reversals along the way.
Even if you keep setting new buy stops, you will end up releasing them due to the fake reversals. It can still result in huge losses if you keep adding more positions
Whenever the market has abnormal daily range for that day, we can still get fuked big when we release the hedges
Very close to Shawn - MissionFX's strategy
very true
This is good......the only issue is that you have to be constantly in front of the screen, for me its not a problem if its during the day, but after a certain time it is difficult to follow.
Just use alerts. If you miss one no big deal, just wait for another level or set up, and continue from there. You don't need to live on the charts and using the hourly or h4 really does help if you're limited with time 👌
It can work the opposite way. If I'm in a bit of drawdown, want to stay in the trade but need to do something else or sleep, sometimes I'll just hedge the trade, then I don't have to worry about going further into drawdown.
@@musoforhire ...true
This is a great strategy in the first hour of the market opening. I use it everyday and been 85% Plus.. my strategy is a little bit different but similar
what i dont get is the following, you put the Buyorder as a Stoploss and Closed it with the opening of the second short order. But what if you never reached your zone for the second short. instead the market picked up your buy order/SL and then goes down. so now you have your buy order in a loss and your short in profit. how to get out of this situation?
I see you're working on this one hour. You have several days worth of candles there.
Do you type in you SL and TP to come out of your trades automatically or do you watch and manually make your moves on a daily basis?
Where is the difference to close the trade and reentry with double size ? It’s exactly the same result, but you can’t give it the name hedging. If you are hedged, you are neutral. Same when you close the position 🧐
VAlid point. And closing + doubling other direction = martingale. As far as I currently see it, hedging reduces the occurrence of losses, but if they come, they are bigger. On the bottom line the diffences could be minor, unless hedging (position size increase) gets out of hand. Then a loss will be so big, that a blown account is likely.
the difference is u dont close losing trades or u’ll have way less pretty much, but its risky if it goes the other way cause losses get bigger, if lets say on the second trade it went to “sl” which is another buy stop then you’re down 1% in one trade which is gonna be hedged but you’re down 2-3 or more in the other, ofc the profits are bigger too
Yeah it should be on appetite of your balance
This is exactly right- this type of "hedging" is nonsense.
most excellent hedging style, thank you very much
What do you do if the market reverse immediately after you open the hedging position ?
SL is crucial here. You just need to find the right position to avoid getting stopped out prematurely
you do the opposite its simple, he closes out his sell position for profit since you said it reverses immediately, then he waits for the next buy setup and does a second buy trade and if hes correct the second time he will close one BUY position at break even maybe and the other BUY position for profit, (if its confusing what i said just think of doing the opposite of what he did buys instead of sells
This strategy is really efficient I use it everyday maybe a little bit different than how he do it but the hedging strategy is a great profitable strategy... You just have to build your own style with it 💪🏾💪🏾💯💯💯💯💯
Can we run simultaneous trades on tradingView? I though new trades cancel any previous ones?
i have the same practical question, how to operate this in real life.
yesterday i was in a 45 min call with my broker trying to find a way to hedge using TradingView... but could not find a solution.
we all know a buy order with a short position will close the current short position.
my solution has been to use another account in another broker simultaneously, but it's complicated, not practical and dangerous if i need to manage the trade outside my computer environment (market closes for me at 1:30am and I'm not in the office until this time)
anyone has a suggestion?
@rustynikau
i am a futures trader and i have the same practical question, how to operate this in real life.
yesterday i was in a 45 min call with my broker trying to find a way to hedge using TradingView... but could not find a solution.
we all know a buy order with a short position will close the current short position.
my imperfect solutions have been :
1) to use the next contract for the hedge, but it's very complicated since the prices will not be the same, so your hedge price will be placed based on the market structure of the next future contract, also you have the risk of low liquidity in the next future contract.
2) to use another account in another broker simultaneously,
both options are complicated to execute, not practical and dangerous if i need to manage the trade outside my computer environment (market closes for me at 1:30am and I'm not in the office until this time)
have you found any practical way to implement this, any suggestion you cannot share? thanks
does blue guardian supports hedging?
Yes
as easy as as that? my God i just learnt to trade, determine direction, smaller timeframes, find support and resistance zone to enter and wait for retrace ...patience is key whether buy or sell.
thank you very much sir
How come you did not buy on the second sell zone?
It in hour ? How to exit the trade ? Tp?
This is excellent - thank you.
Really like the accent and way he talks, like AI, especially when he says GRAZER 😄
… Thanks for sharing
Aaaah, the old Nick Shawn way 😁
The age old question with this strategy is, when do you cut the loss on the trade that’s in drawdown while it’s crashing in one direction?
yup.......was thinking the same thing.
One thing i have tried is that i follow support and resistance and keep adding in small sizes to my winning position. This eventually helps to reduce the loss side and I cut positions on next support resistance. Mostly in profit or least in breakeven. I have tried this multiple times and it worked well. But again there is always room for improvement.
@@pz2x5v
@@pz2x5v thanks bro
All u have to do is add more positions with a higher lot size to over power the loss it’s simple lollll
At least. This is a well organised, interesting, andgood video. ❤
Wait, am i right to say he did not placed any stop loss on the firs sell?
No he didn’t
That's the point in hedging. If it's triggered you manage your way out of the secured loss.
This is perfect hedging .
How can he have one buy and one sell trade all active??
THATS all the idea of hedging , opening an opposite position to offset first trade risk
👍Very much like Nick Shaun -- another great trader. Nick calls this risk managment 'dynamic hedging'.👍
*Nick Shawn. But yeah you're right
you dont learn nothing from Nick Shawn. just a course seller
@@forexbascketmilionaire3477 You're wrong dude
he stopped hedging .. after several blowouts when price didn't bounce soon enough
@@ifoundthistodayInteresting. I mean, with every additional hedge, he does make some amount of loss (because he has to wait and see if a hedge is needed while the price continues to go against him). So it makes sense that he can only cope with a handful of non-bounces in a row.
Thank you so much
where is the SL for first and second SELL position?
there is none 😳
Thank you so much!
im using hedging if i got unpredictable moment.
and opposite direction must have multiplier than other one :D
Agreed BUT for 1h Chart you need high leverage
Did he say "haachhhh" or "aahhhchhh" one LOL First time hearing it said this way.
Good one!
Nice, yeah it is really that simple.
The drawdown with this strategy is alarming.. For beginners it will blow an account waiting for that Sell point
Not if you enter buy and sell same price at same time
the guy sure is a pro. but so many things can go wrong. this explains what hedging is, but its a little too short. I have a lot of questions in my head tho. good intro thanks
Ask him on the livestreams, or post questions here and I’ll forward on
You made profit on profit! It's like printing greenbacks.
Thanks guys
Does blue guardian allows for hedging ? @tradingnut
Yep
"Let me just go back here guys", nah, your analysis is biased at this point since you saw the next candles. I don't understand how anyone could take this seriously. You don't just "go back" on a trade. Next.
He literally called out his trading plan before the play, are you being serious?
@@classicsignofgivinguponaus3685😂
Impossible with futures
Agreed
Why?
@mrbwetch
i am a futures trader and i have the same practical question, how to operate this in real life.
yesterday i was in a 45 min call with my broker trying to find a way to hedge using TradingView... but could not find a solution.
we all know a buy order with a short position will close the current short position.
my imperfect solutions have been :
1) to use the next contract for the hedge, but it's very complicated since the prices will not be the same, so your hedge price will be placed based on the market structure of the next future contract, also you have the risk of low liquidity in the next future contract.
2) to use another account in another broker simultaneously,
both options are complicated to execute, not practical and dangerous if i need to manage the trade outside my computer environment (market closes for me at 1:30am and I'm not in the office until this time)
anyone has a suggestion?
I guess Hedging strategy working very well in swinging market, not in downtrend/uptrend market.
This guy has a utube account?i like his hedging strat
Appreciated
thats nick shawn for you..
Fees kick your ass tho on a 50 to 100k account
Enjoyed your video, it was insightful and entertaining.
I dont think its gonna work 😅
woody from toys story
hilarious