Hedging or EA trading- which one do you prefer?

[Dita Walczak]

Hedging, scalping and EA trading are all famous types of trading. I am not addicted to EA trading much because whenever I used an EA, I suffered loss. But many traders are using EAs and they are comfortable with it. FXOpulence allows traders to use EA on their trading platform.

 

[FinTrader]

Not a single other person's advisor will give you the opportunity to earn money. You need your own trading algorithm that is completely understandable to you, this is your own trading strategy. Only its rules and conditions can help find more accurate entries into the market and the main thing is to know exactly when you need to close a loss on time if these conditions do not work. That is, you must clearly understand what you are doing and according to what rules. Then the trade will be successful.

 

[FXOchartist]

Currently, I mostly do manual mixed trading at FXOpen. In the past, I used EA, either scalping or martingale, but it made it difficult for me to control risk, so I finally back to manual trading. The strategies applied are sometimes scalping and intraday trading, but sometimes there are swing positions because a trading plan has not been realized

 

[moonchild]

To be honest I've seen some really nice hedging strategies, and I even thought of adopting such, the problem with hedging in my opinion is that with time your losses might accumulate and you have no option than to just take it and it might end up blowing your account.

It is important to always learn hedging correctly from people that are successful with it as a trading strategy, before implementing it to your trade, you should pay attention to kind of losses you accumulate so that you don't lose your shirt, I'm still exploring hedging but I'm not confident yet to make the switch.