To Hedge Or Not To Hedge - MT4 vs. MT5

[timkrug]

Hi,

I'm curious to know some convincing arguments for and against hedging, and therefor using MT4 instead of MT5.

Cheers, Tim

[Marco vd Heijden]

Convincing argument #1. It Works.

[[Deleted]]

timkrug:

Hi,

I'm curious to know some convincing arguments for and against hedging, and therefor using MT4 instead of MT5.

Cheers, Tim

Not hedging means that you either use a SL and therefore accept the defeat from the beginning (psychologically speaking) or don't use one and endanger your account $$

Hedging is what professional traders do to manage losing trades. It works, if done properly.

 

[timkrug]

Robotfx Trading Tools:

Not hedging means that you either use a SL and therefore accept the defeat from the beginning (psychologically speaking) or don't use one and endanger your account $$

Hedging is what professional traders do to manage losing trades. It works, if done properly.

 

Hi Robotfx,

thanks a lot for your answer and the chart.

I wonder what do you mean by 'done properly', e.g. is it crucial that the counter position is larger than the initial position?

In case you have a web link on this topic I would appreciate a lot.

Have a good day and many pips!

[Dua Yong Rew]

depends on your strategy

some strategy depends heavily on hedging 

[Mohammed Abdulwadud Soubra]

my advice to don't hedge in same strategies

you can hedge with two or more strategies

[Khurram Mustafa]

Actually hedging is used for controlling your losses temporary, 

but in some cases traders get benefit by hedging strategies, but not in regular basis.. they faced losses too

[Francis Dogbe]

why hedge when you can use stoploss....

[Stuart Browne]

Francis Dogbe:
why hedge when you can use stoploss....

Oh no Francis, you've opened that can of worms!! :D

[Marco vd Heijden]

Francis Dogbe:
why hedge when you can use stoploss....

With a decent put together hedge you have the possibility that the other part of the trade can become profitable as well....

Try that with a stop-loss.

[Supun Sameera Manasinghe]

Depends on the trading strategy. Anyway; from my point of view, better to exit the trade instead of hedging if you are a day trader.