Disliked{quote} The problem with Weekly/Monthly trading is You need to have well (if not big) capital to hold the floating loss. Off course depend on the risk size and more positions you added. The problem with the hedge (short term hedge) You need to know (approximately) where is the bottom and the top of the range.Ignored
Regarding hedging, I just look for setups. The hedging occurs automatically. For example, if gold looks like it will drop, I look for USD buy setups.
This is why I'm in positive with UJ right now, since I did see potential for this gold/silver drop. My only mistake is not leveraging really enough on my USD buys. However, I am still okay with it, since I just want to cushion myself a little bit, and I feel like I can come out ahead eventually.
I'm +1200 pips past 2 weeks. We'll see how it goes, and if I can continue this success...