FOREX UNITS vs LOTS | Forex Hedging Strategy

[@AnthonysTradingChannel]

I wanted to let you know that I enjoyed your video. Thank you for posting it.

[@theforexhedge]

thank you so much for the kind words...I really appreciate it!!!!

[@michstockholm1164]

Where may one find that trim the hedge calculator with both units and lots switch? It's not present in the original spreadsheet firstly linked under the first video where the calculator was linked...

[@SD-eg2tg]

First like and first comment 💪🏻💪🏻 thanks for all your good videos, they are awesome!!!

[@theforexhedge]

boom!!! your fast!! hahah. love it!!!

[@SD-eg2tg]

Waiting for the continuation of trade 2!! @@theforexhedge

[@DanielDavis-ct9jo]

Hey so I got a bit of an unrelated question to this video topic, but let's say we're trading with a US broker and have to divide our Longs and Shorts into two separate accounts like you're doing. How often do you move money around between the accounts to keep them balanced? Do you make them 50/50 after each trade?

[@theforexhedge]

I love this question...well thought out. I usually balance them each day. And make them 50/50 of "available margin" So not NAV or gross margin. That way I have good margin no matter what way the market decides to go. Hope this helps!!

[@guideaboutlahore2240]

Sir how to download calculator forex .... I love it 💞

[@camdenwaters6574]

Hello, Great video and reslly helped to clarify lots and units. I dont mean to pry, but do you think its possible to make a living trading this way? If so, how much capital do you think that would realistcially require?

[@theforexhedge]

Yes!!! I do think you can make a living. I am averaging 3-5% each month. As far as capital needed, I guess it depends on how much you need to make a living….

[@camdenwaters6574]

@theforexhedge Thank you for the insight. Hearing that its possible makes me really motivated to keep working on it! I'll get there someday😁

[@michstockholm1164]

​@@theforexhedgewhat is your maximum drawdown with the hedge-trimming method?

[@ForexStoryteller]

Only thing ive noticed with trimming lots versus units, youre changing the sizes of 1000 units for every 0.01 change in lot size, so when applying lots, you may end up closing less and keeping more. This happens because 0.01 at 40 pips is $2.69, not much on smaller accounts, may not work well trimming small positions. I see that on my calculator. Almost done with that but i have a missing step. Ill need to add that and while doing so ill make more functions because im making spaghetti in the trim outputs now 😂

[@theforexhedge]

yes, this is true. So you just have to be aware of that when you are trimming. but the overall concept is the same between the two. Bigger profits offset smaller losses. Trim the Hedge!!!!

[@michstockholm1164]

Where may that calculator be seen?

[@ForexStoryteller]

@@michstockholm1164 I'm putting a lot of calculators together for a full sheet of hedge oriented calculations. It will be included in my next video 👍 actually working on those now 😂

[@GizzyFx]

Can we download your lot hedge calculator

[@johndeopaduaART]

If you can trade long and short in the same account, what would be my ideal lot size per trade be with a $5000 account on 1:500 leverage?

[@theforexhedge]

Definitely find your preferred risk tolerance. But I'd consider .50 lots or less. If you were a unit guy, I would say 50,000 units or less. I think you will find at that leverage you will be able to scale up, but leverage can get real dangerous real fast. so I would start small and go from there.

[@RaphaelEjeye]

Do a video where you make reference to amount per trade and not lots or units That would help me understand your videos..... Thanks

[@do6641]

What happens if your initial position, say short goes against you and the price never retraces, what happens to your margin?

[@theforexhedge]

yea, this happens all the time. Just trim the hedge from the other side. For example: Your initial trade was planning for the market to go down. It did exactly the opposite and went up and picked up your stop order. Now you're hedged, if it continues to go up then trim from the upside. Let's say it does a full reversal and goes right back down and through your short position. Then you would trim the hedge from the downside. Same strategy, works both ways. hope this helps!!!

[@worthlessman6860]

Ya think 5000 units is too big for a 100.00 attempt ( 2 x 50.00 accounts) with hedges on structure of lower timeframes to get lots of trimming and sqozing experience. Your thoughts......

[@worthlessman6860]

Playing around with it today....I love this calculator!

[@theforexhedge]

yes, I think 5,000 units is to big for 100.00. Maybe 1,000 units or oven 750 units and make sure you have a feel for you drawdown, swap etc. Sounds small, but growing an account takes a while. just my opinion.......

[@worthlessman6860]

Yeah .50 cents on 50.00 gives me only 100 pips to play with... maybe a dime would be better until I get the hang of it....gives me a 500 pip range instead ......surely I can't hurt myself with that....thanks, needed your experience on that!! @@theforexhedge

[@stevezm100]

sorry for the continued questions, are you generally always in a trade - foraging? what happens at weekends?

[@theforexhedge]

yup, I try to always have a trade open. I keep them open even during the weekend

[@stevezm100]

how long do you the leave chart like when you're playing golf? or do you just play 9 holes? 🙂@@theforexhedge

[@theforexhedge]

haha, I will leave all day if I have something fun to do. I would much rather play 18 than 9!!! I might miss a trim, but there is always another one. I just make sure I have my hedge balanced before I leave with either open positions or a stop order. @@stevezm100

[@stevezm100]

@@theforexhedge sounds like a nice way of trading and quite flexible I guess!

[@dotcypher]

hi I left a buy stop 12 pips away from the price last weekend (AUDUSD) but it was executed in the end. :/ can this happen over the weekend even its raw spread?

[@dotcypher]

@davidankrapp7773 so is there a way to avoid then? Don't place buy or sell stops over the weekend?

[@theforexhedge]

Hey, one thing to consider. Putting your hedge in before the market closes on Friday. For example, let's say you are 15 pips away from you stop order from being triggered. And you are going into the weekend. you can always open it manually and then have the comfort that you won't have any issues or be skipped over if the market gaps. Just a thought....If I'm at full size or close to I will often do this to avoid big spreads or potential gap up or gap downs.

[@dotcypher]

@davidankrapp7773 it doesn't break me. I'm just risking 2% per trade. It's just that everyone has its own strategy and glad to find @theforexhedge works for me and I'm incorporating his strategy with mine. I'm just prefer to close my trade completely if I can. If I'm hedged, then I have to play the hedging game. ;)

[@adamhopkins8155]

Breakdown the strategy using money and pips not mention units. That will change everything for us

[@dotcypher]

will you come out a video about the weakness of this strategy and anything to avoid or note?

[@theforexhedge]

I'd say try not to make a mistake....sometimes we are our own worst enemy. you can see me make a big one in this video!! kzbin.info/www/bejne/gJm9hIiuhNRnjac

[@dotcypher]

@theforexhedge yea I watched all of your videos that was the biggest thing to avoid but still it won't wipe out your account.

[@Mr.K18]

thank you sir ❤

[@RattlesnakeJ85]

dude you must be psychic! I have been meaning to ask, do you have a mitigation for lots. This morning even I had a EU hedge (part 1).14 to close $840 out of the money, with a short .4 $340 in the money. Calc said close .05 lots and it worked out as $18 profit not 40.

[@theforexhedge]

oh my, far from phsychic. So, I'm not sure how your trade was an 18.00 profit. If you had 340 to work with and closed .05 of the .14 position you should have had a 40.00 profit on the trade. Did you have some commissions that it deducted out, or something along those lines?

[@RattlesnakeJ85]

@@theforexhedge already factored in. Consistently happens.

[@RattlesnakeJ85]

Could you please link the current spreadsheet. Maybe I have a bogus calc ( I doubt it though).

[@theforexhedge]

Sure here ya go. kzbin.info/www/bejne/gHbKmIeNrpafgs0 @@RattlesnakeJ85

[@shaunkarabo4407]

Im going to be that guy that will ask if you offer mentorship or course Id really.like to master this

[@AugustoValenciaR]

I already Download the calculator, but isnt work like yours. How can i fix it ?

[@theforexhedge]

I gave it an update. It should be like mine now. docs.google.com/spreadsheets/d/1ujspoc1IB9IxcCvi87opAGmGaBxjABEA5KcsMnB7fUA/edit?usp=sharing

[@gtx2083]

Why did you delete your videos?

[@theforexhedge]

got cold feet

[@konstantinalexandermueller1921]

Dont, your videos are awesome @@theforexhedge