Hello everyone

I’m a newbie…See the potential for heavy gains if I can get it together…Lost 350 so far…Thinking about doing an overseas broker…It seems hedging is a huge lost opportunity…Any thoughts?

Welcome to the forum, m’Lord. :cool:

That’s good, as long as you also have a realistic perception of how long it takes to get it together, and what it involves.

These links [I]may[/I] help you, in that context …

[B]301 Moved Permanently

This was how I learned

These were the resources that helped me most

These are the five main mistakes people make and the reasons why they make them

For me, that would be an idea to reject [I][U]very[/U][/I] firmly (that’s easy for me to say, admittedly: I live in the UK, which has particularly good broker regulation).

How and where and by whom a broker is regulated, and why they’ve chosen to be regulated there, and what their regulatory history is, are the [B]hugely[/B] important factors to consider, in this context.

Hedging is of no real value or benefit to retail forex traders. I appreciate that to assert this is easier than to demonstrate it, especially with some people unfortunately believing the opposite. Nevertheless, and in an attempt to say something helpful on the subject, a long, slow, careful read through these threads, [I]paying [I]particular[/I] attention to the posts of “Rhodytrader”[/I], may assist you …

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http://forums.babypips.com/forextown/74044-need-stop-loss.html

http://forums.babypips.com/newbie-island/46524-newb-question-about-hedging.html[/B]