Hedging in troubled times

Hello all, like many others … my first post here :slight_smile:

I’m a newbie, trading with a demo account with a plan which was going satisfactorily until the current crisis.

As the dollar/yen started it’s plunge my hedges started kicking in, and I thought I would be safe. However, the rate would spike back up and take out my hedge, then it would head back down again. As soon as possible I would put my hedge/s back in and just see the scenario repeat and repeat. After leaving the computer at night for sleep, I would come back in the morning and find a worse mess.

In this situation, what would you do or suggest?

Thanks in advance and I hope this post is in the right place.

First than everything be calmed, you are using a demo account, my suggestions is to use, disciplined, few strategies, keeping record of very move and then see which one works better on which parity, about the mess you found� don�t worry you are not the only one and you are lucky not to be trading real money� meanwhile enjoy and learn�