Hedging to balance losing trade

NexusFi · 2010-02-05T10:28:16-05:00

can someone help and explain how to do Hedging to save or breakeven a losing trade. I had loss this morning, but was very lucky and saved all loss due to opening gap, but just thought would have done hedging by entering a trade in counter trend direction so it will equal out though not profit. I hear people do this during choppy session like this morning.

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Updated February 5, 2010

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Hedging to balance losing trade

February 5th, 2010, 10:28 AM	#1 (permalink)
emini_Holy_Grail Dallas,TX Elite Member Experience: Intermediate Platform: NinjaTrader, OpenQuant Broker: Zaner/Zen Fire Trading: ES,6E,6B,GC,CL Posts: 597 since Nov 2009 Thanks Given: 176 Thanks Received: 126	can someone help and explain how to do Hedging to save or breakeven a losing trade. I had loss this morning, but was very lucky and saved all loss due to opening gap, but just thought would have done hedging by entering a trade in counter trend direction so it will equal out though not profit. I hear people do this during choppy session like this morning.