Download Over 5000 Forex Robots! - More Traders 4 Talk is the best place to Download & Upload Forex Robots.
MT4talk - More Traders 4 Talk - Download Over 5000 Forex Robots!
The best place to Download & Upload FREE Forex Robots and Forex Indicators.
If your trade goes against you but you think it will revert back, you can open a trade in the opposite direction for the same amount (hedge trade) - and now your potential loss remains the same (what one trades wins, the other on loses). If/when the trade reverts back , close the hedge trade for a profit and hopefully your original trade will go on to profit, too! :^)
A platform is open hedge positions opposing Allowing for buying and selling for the same value. Positions open at the same time or in separate moments in time. There are platforms, MT5 Typically, do not let hedging. The hedging can be Applied When You do not want to close a position, nor want the market to turn around and lose value. As you open an opposite position and the value Remains the market goes up or down, Because what you lose you win a position With The Only Have lost and other fees THAT APPLY. Personally I have never used esta technique.
It also depends on from what country you are trading. In the USA, they do not allow outright Hedging, but there are ways of getting around it. In outright Hedging, you are buying and selling the same currency at the same time. Here in the US, mostly we buy or sell a pair and then buy or sell another pair that normally goes the opposite direction or even opposite directions, depending on whether you are long or short.