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Forex Hedging: Stop Paying Away the Spread

Forex Hedging: Stop Paying Away the Spread

6 Years ago | November 26, 2013 00:00:00

By Jay Meisler

 

My feelings on forex hedging were presented in this article Why I Hate Hedgingo. With that said it is a popular feature among retail forex traders using the MT4 platform. What many traders seem not to be aware of is that you can close a hedged position without paying an extra spread. I can’t imagine how much money has been lost trying to trade out of a hedge to recapture the spread rather than just closing it out.

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