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
8. I use stop SL. It’s like a daily cost in the job, just like how much I’d spend going somewhere to work, plus lunch, etc. I never limited my losses, I settled them precisely. It’ll cost me x pips to have a perfect working day :)
The point of a hedge is to lock in that loss when the market conditions for your strategy do not work. Essentially, riding out the wave then re-entering again on a favored long or short net position when the conditions make sense again for the strategy.
We need more people like you. I use hedging to manage risk and I can’t understand why not many videos are out there about it. Can you explain why because its a no brainer beautiful strategy to manage risk if you have a grasp on it. Thank you man and don’t stop making videos about this.
I appreciate your support! Yeah, I think it's mostly because people have been conditioned over the years to only think in terms of system, stop loss, take profit. That seems to take some of the uncertainty out of trading, and is somewhat comforting because they have a set of rules that they can follow...or blame when things go wrong. Hedging requires a more fluid thought process, which can be hard for some to grasp. Thanks again!
@@TradingHeroeshedging can be a long process, a SL can be quicker I think is most of the reason. Also, Prop Firm challenges. I love the course & the simplicity…
7. I’m tired of so much horror towards “risk”. It’s only risk of you have no sense of what you’re doing and have been only following the rules of a system without thinking, just to profit.
The biggest problem with hedging is that you don't know when to close the positions. In your example, suppose that after opening the first buy and then the sell, the price continues to fall. Then you have one sell in profit and one buy in a bigger loss. What would you do in that case? ;-)
I know exactly when to close hedges. The hedge locks in the loss. You have to look at in terms of how much you're losing on the hedge, not each individual trade. Then I look for another opportunity, based on my setup. There many every week. When I have a gain that's more than the loss, I close the losing hedge at a net gain. You just have to shift the way you think about trading, it's not like other methods.
1. You don’t even need to profit the hedges. You can use so you can open bigger lot size whichever direction the market goes. It’s like instead of being a shark or a sardine, you suddenly become the ocean :)
And if I may add further, If you keep hedging in same account, you will weaken your capital over time. Not just trading losses but also broker fees /swap charges. That eats into your capital gradually. That was exactly what I did in my first debut year trading FX. Put in $3000 but lost $2000 due to over-hedging in same account.
Yup, that's a common mistake. It's important not to trade in markets that have a high swap. I've seen people get killed on the swap holding gold/USD hedges.
If you're using Stops where you'd do a full hedge and open another position (with the same lot size) where you would close one side of the hedge it's the same thing, no? Just mentally harder to feel the stops as "losses". But if you look at equity instaed of balance it's the same thing? ;)
Not quite. With stops, there's always the chance that you'll get stopped out when the spread widens during the interbank market, or a surprise news event. You cannot get stopped out with hedging, so you decide when you take the loss.
The idea of hedging doesn't really make sense because the same logic can be used if you just take the loss in the first place and make it back from other hopefully profitable trades. I think the main advantage of hedging is that it allows you to not take the loss. The mental aspect of taking losses creates fear and hesitation and messes up your thinking. But the actual mechanics of working the hedge is the same as just closing a loss and then making it back with subsequent profitable trades if one has a consistent strategy that is.
Are there any forex prop firms who pay trader just based on account balance and NOT ACCOUNT EQUITY? Are there any forex prop firms who decide challenge fail/pass just based on account balance and NOT ACCOUNT EQUITY? Thank you.
Hi! Thnak you for your teachings. I would like to know how do you trade and hedge USD/CAD with WTI-20M at the same time? WTI is Crude Oil. Can you explain in detail how it works? There is a RUclips video of a 19year old who made $190,000 with $200 on his mobile app. Please search the video, this is where I got the idea from. Thank you in Advance!
Hi, you're welcome. I don't know anything about that trader, so I cannot comment on their method. The highest correlation with oil is usually in the CADJPY: www.tradingheroes.com/cad-jpy-oil-correlation-explained/ I don't trade correlations, there are too many variables.
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
8. I use stop SL. It’s like a daily cost in the job, just like how much I’d spend going somewhere to work, plus lunch, etc. I never limited my losses, I settled them precisely. It’ll cost me x pips to have a perfect working day :)
The point of a hedge is to lock in that loss when the market conditions for your strategy do not work. Essentially, riding out the wave then re-entering again on a favored long or short net position when the conditions make sense again for the strategy.
We need more people like you. I use hedging to manage risk and I can’t understand why not many videos are out there about it. Can you explain why because its a no brainer beautiful strategy to manage risk if you have a grasp on it. Thank you man and don’t stop making videos about this.
I appreciate your support! Yeah, I think it's mostly because people have been conditioned over the years to only think in terms of system, stop loss, take profit. That seems to take some of the uncertainty out of trading, and is somewhat comforting because they have a set of rules that they can follow...or blame when things go wrong. Hedging requires a more fluid thought process, which can be hard for some to grasp.
Thanks again!
@@TradingHeroeshedging can be a long process, a SL can be quicker I think is most of the reason. Also, Prop Firm challenges. I love the course & the simplicity…
7. I’m tired of so much horror towards “risk”. It’s only risk of you have no sense of what you’re doing and have been only following the rules of a system without thinking, just to profit.
The biggest problem with hedging is that you don't know when to close the positions. In your example, suppose that after opening the first buy and then the sell, the price continues to fall. Then you have one sell in profit and one buy in a bigger loss. What would you do in that case? ;-)
Dollar cost averaging and finding previous support/resistances. Easy to find the spots.
I know exactly when to close hedges.
The hedge locks in the loss. You have to look at in terms of how much you're losing on the hedge, not each individual trade. Then I look for another opportunity, based on my setup. There many every week. When I have a gain that's more than the loss, I close the losing hedge at a net gain. You just have to shift the way you think about trading, it's not like other methods.
10. People keep trying to make a fight out of it when all someone has to do it to go and do and see if it works
1. You don’t even need to profit the hedges. You can use so you can open bigger lot size whichever direction the market goes. It’s like instead of being a shark or a sardine, you suddenly become the ocean :)
The problem is when the market is consolidating and not showing any clear direction and giving fakeouts.
4. That’s just like saying a car will always take you to wherever you want.
And if I may add further,
If you keep hedging in same account, you will weaken your capital over time.
Not just trading losses but also broker fees /swap charges.
That eats into your capital gradually.
That was exactly what I did in my first debut year trading FX.
Put in $3000 but lost $2000 due to over-hedging in same account.
Yup, that's a common mistake. It's important not to trade in markets that have a high swap. I've seen people get killed on the swap holding gold/USD hedges.
I Hedge all the time ! It’s one the best methods I use to manage my trades.
Sweeeet
Hey do you still use hedging in your trading?
Can I speak to you about it?
@@AySuppWhy not try it yourself
@@havwiscable4199 already did, its useless. spare urself some time and before using something make sure to know if or why it works.
6. People can put any system in a robot. But then that’s only about the money
4. One of the COUNTLESS nonsense they put in my head and held me back with those damn 5 dollars deposits
How do you activate hedge mode on Tradingview??? It cancels your order if you try trading in the opposite direction.
You need to use a broker that allows hedging or open a sub account. It's not a setting.
2. What should be illegal is this fucked up money system we live in all in illusion of a “real” world
Thank You My Heroe(s)!
If you're using Stops where you'd do a full hedge and open another position (with the same lot size) where you would close one side of the hedge it's the same thing, no? Just mentally harder to feel the stops as "losses". But if you look at equity instaed of balance it's the same thing? ;)
Not quite. With stops, there's always the chance that you'll get stopped out when the spread widens during the interbank market, or a surprise news event. You cannot get stopped out with hedging, so you decide when you take the loss.
The idea of hedging doesn't really make sense because the same logic can be used if you just take the loss in the first place and make it back from other hopefully profitable trades. I think the main advantage of hedging is that it allows you to not take the loss. The mental aspect of taking losses creates fear and hesitation and messes up your thinking. But the actual mechanics of working the hedge is the same as just closing a loss and then making it back with subsequent profitable trades if one has a consistent strategy that is.
It's not for everyone. If you don't like it, then use something that works for you.
Are there any forex prop firms who pay trader just based on account balance and NOT ACCOUNT EQUITY? Are there any forex prop firms who decide challenge fail/pass just based on account balance and NOT ACCOUNT EQUITY? Thank you.
No, it doesn't make sense to pay on account balance.
what trading platform is this??
This: ruclips.net/video/5wx7ehDGnV0/видео.html
Thank you that's very clear.
Glad it was helpful!
Where can I find that Bar Replay?
Here: ruclips.net/video/qDRt13VPB3s/видео.html
Great video! Would margin call be a problem with this strategy?
Thanks, only if you overtrade. Just like with any other strategy.
I'm buying the ZEN8 course tomorrow. I hope I don't get scammed🤣 but I believe in you😃
Thanks, you'll have to get on the waiting list. Version 2 will relaunch early next month.
Can hedging be use to trade a martingale strategy robot profitably?
Martingale never works.
3. Currencies, crypto (depending on spread, oc) and gold
thanks Men... i am in viet nam i do hedging also graceful for your sharing...
You're welcome, happy to hear it. How's it going so far?
@@TradingHeroes yes it is profittable since i done hedging as you shared...thanks so much...
You’re the best 👍👍👍
Thanks.
I don't hedge in 1 same account but 2 with 2 different brokers.
Oanda allows sub-accounts, cross-account money transfers, allowing you to hedge.
Cool, great method!
Hi! Thnak you for your teachings. I would like to know how do you trade and hedge USD/CAD with WTI-20M at the same time? WTI is Crude Oil. Can you explain in detail how it works? There is a RUclips video of a 19year old who made $190,000 with $200 on his mobile app. Please search the video, this is where I got the idea from. Thank you in Advance!
Hi, you're welcome. I don't know anything about that trader, so I cannot comment on their method. The highest correlation with oil is usually in the CADJPY: www.tradingheroes.com/cad-jpy-oil-correlation-explained/
I don't trade correlations, there are too many variables.
9. Hahahaha yeah. Adding and subtracting. Really advanced math
Hmm can you teach us sensei that 8 types of exit please 😁
They are all in my course: store.tradingheroes.com/product/zen8v2/
👉 Do you agree? Do you disagree? Did I miss anything? Let me know below...
Hi, the price doesn't get updated on the page, but check the total you're paying, it does reflect the discount.
@@kellyhandsome284 The system will send you an email when the order has processed. If you're having trouble, contact support via the support page.