You don’t recommend hedging though? did I get you right?
Of course it is. I’m in Canada where hedging on one account is legal, but my broker is OANDA and they’ll let you open 25 different “sub accounts” if you choose to. Simply buying EURUSD on one account and selling EUDUSD on the other is hedging. But why are you doing this?
Some people hedge to protect a position, not make money. If a position is going against you on the short term but you believe the long term trend will eventually win out, you can open a temporary hedge position to protect that long term position rather than closing it.
There are all sorts of hedging strategies out there as well, just type it in the search bar up top there and start reading.
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i don’t
(i also think it’s probably the most widely misunderstood single issue there is, among aspiring forex traders)
i’m completely open to learning something new and changing my mind, if anyone can provide a realistic and sensible answer to the very simple question i asked 6 posts above, but it’s a question i’ve probably asked 100 times over the last 30+ years, and so far, apparently, nobody can, so i must admit i’m not exactly holding my breath
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that’s so true.
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i could not agree more.
oh sounds great. have you ever that 25 accounts?
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… and by the way, just in case anyone’s thinking of saying that hedging is an effective way to partially close a position, to mitigate the impact of whatever, and their broker doesn’t allow them to do that, so they have to “hedge” to get round the problem, that isn’t an answer to my question above: it’s simply a sign that the person saying that needs a better broker 
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Of course it is.
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I do not know Flamingo… You hate hedge always but me and a lot of people are actually using it!
Maybe you can help me to leave these strategy. Go on and share your reasons… Why do you hate it too much?
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Thanks for your helpful explanation about hedging. It’s cool that in Canada you can legally hedge on one account and your broker lets you open multiple sub-accounts to make hedging easier. I was curious about hedging, and your explanation about using it to protect a position in the short term while waiting for the long term trend to win out was interesting. You also mentioned that there are different hedging strategies out there that I can look up, which is awesome. Thanks again for your help, let me know if you have any other tips on hedging!
I really dig your approach to hedging strategies. It seems like whether to use hedging or not really depends on each trader’s personal trading style, don’t you think?
Totally agree with you, and I’m actually pretty curious about his attitude too. I’ve seen his comments on different forums and it seems like he really knows what they’re doing when it comes to trading. I’m definitely open to learning more about their strategies!
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i don’t hate it as much as not see any possible benefit to it that can’t more easily and efficiently and at lower cost be achieved simply by closing or partially closing the first position instead of opening another
it seems to me to be completely unnecessary and to incur additional commission costs without any benefit i can understand
i’m happy to change my mind if anyone can answer my question above about what benefit can be achieved through hedging that can’t be achieved more simply by closing or partially closing the first position instead of opening another
but as i mentioned above, this is a question i’ve probably asked 100 (now 101) times over the last 30+ years, and so far, apparently, nobody can, so i must admit i’m not exactly holding my breath - that’s all! 
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I understand you, but i think edging helps reduce the chance of losing money on an investment as people said in different forums. But I am not sure about, and due to this I asked this question. 
on an investment, just possibly, depending on all the circumstances
but not in a trading context
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You got it! So, hedging is basically a way to manage risk by taking two opposite positions in an asset. When you use hedging between two accounts, you open two accounts with different brokers or institutions and take opposing positions in the same or related assets. This technique can help minimize your losses, but you need to plan it carefully and consider any costs that come with it. Just remember, hedging is a tool to manage risk, but it’s not a guaranteed way to make a profit!
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You know what? I think they’re working with no-commission brokers 
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Paulina, thank you. However, others claim that is not a reliable risk management tool.
Do I need to open two accounts with separate brokers, or can I do it with only one?
do we have it? 
mention it here. 
Prefer not to mention them, but you can find them with a little search.
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it is ok Emi. thank you anyway.
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