I made a hedged trade today on the EUR/USD currency pair. I was able to get 60 Pips Long, which was a 00 profit at 2 lots. The Short trade ended up -42 Pips for a 0 Loss. So the net result was a 0 Profit. The great thing about the Hedging Strategy from the [...]

For many people, trading in forex (the foreign exchange market) can be truly a way to make a living.  In a lot of cases, people make a large enough amount of money that trading currencies can actually become their income replacement. That being said, it can also be quite detrimental to your bank account if [...]