Best Smart Hedging Strategy in trading
In this article, we will explain a smart hedging strategy. This strategy is best for beginners. Many people are afraid to take trade in the market so, a smart hedging strategy is best for these because a smart hedging strategy increases your trading winning percentage. If your trading win percentage is 55% then after using a smart hedging strategy your winning percentage increase up to 75% to 85%. I hope you know neither strategy nor indicators in trading give you 100% success because trading is a game of patience and analysis.
What is a smart Hedging Strategy?
This strategy is based on two trades. It enables you to open up and down trading positions simultaneously and after some time. In a smart hedging strategy, we treat the market as a beginner trader, according to my experience.
Why do people use a smart hedge strategy?
The difference is that even in this strategy we treat the market as a beginner trader but our winning percentage is good like a pro trader. This is the reason many people use a smart hedge strategy. There are many reasons for using hedging strategies some are given below:
We also use this strategy when we need to know how this market reacts to go up or down.
We also use this strategy to gain good profit.
We also use this strategy to secure one of our trades.
Why is it called My Best Smart Hedging Strategy?
The reason for calling this my smart hedging strategy is because in this strategy I am making some changes we combine two things in this strategy, which are
Trend Lines
Support and resistance
I am adding these two strategies because combining these two things increases our strategy's accuracy.
How to use this strategy?
The use of this strategy is simple.
Firstly, the trendline, support, and resistance are drawn in the chart.
Secondly, do some analysis of the forex pair.
Thirdly, open positions up and down. ( Open position when the market breaks out or breaks down the support and resistance. )
Fourthly, Close the position after some time two of the one-trade which gives you negative PNL.
I hope you understand how to use this smart hedging strategy.
Conclusion:
At the end of this article, we learn the Hedging Strategy which is very helpful for beginner traders. We also learned that our accuracy rate increases if we combine the Hedging Strategy with support and resistance. There are many strategies for trading but some are working in a live market. But this strategy is considered best for beginners. Even Professional traders also use strategy. But I recommend you learn trading psychology which is best for every trader.
