#CommunityAMA Hedging in FOREX reduces risk by opening opposite trades. For example, buy EUR/USD and sell USD/CHF to offset losses. Use hedging during volatile news to protect capital. It’s not foolproof, costs like spreads can add up. Practice hedging on a demo account to understand its impact. Focus on correlated pairs for effective hedges. Set clear stop loss levels to limit exposure. Track hedged trades in a journal to assess results. Avoid overcomplicating; simple hedges work best. Join FOREX communities to discuss hedging strategies. Understand broker rules, as some restrict hedging. Ask in this AMA about hedging techniques or when to use them for safer trading!