4min chapter

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) cover image

235: Why This 15 Year Forex Trading Veteran Spent $2000/mth on a Trading Floor Seat (he didn’t need)?

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

CHAPTER

How to Hedging Successfully

The overriding factor with hedging is the day trend. And so like, if for example, your hedge fails and you lose on both along in the short, that's not ideal. The only time I could potentially build up to a 3% loss is if that day trend changes on me. So yeah, just trade my setups and focus on managing that. I can't control what the market will give me that week. Have you ever considered trading other people's money? "I don't need to... I've got my own money"

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