Hedging is defined as
" Process of protecting oneself against unfavorable changes in prices. Thus one may enter into an offsetting purchase or sale agreement for the express purpose of balancing out any unfavorable changes in an already consummated agreement due to price fluctuations. Hedge transactions are commonly used to protect positions in (1) foreign currency, (2) commodities, and (3) securities."
So how does this affect FAPT Turbo.. Well the new rule sanctioned by the NFA does not take affect until May 15th.. So the new version of FAPT is due to be released on May 17th which will counter these measures by adjusting Max Orders to 1 from its present setting of 2
Now I must further explain that FAPT only uses this setting with the Long Term Strategy of EUR/USD which a great deal of members including myself do not trade. In addition to this if your FapTurbo_Hedging setting is at "0" which is the default this means the robot will not hedge and you need not be concerned.
Just wanted everyone to understand this newest changes and calm some nerves :)
Keep in mind there is training weekly where we discuss issues such as this and other issues which concern the overall settings within FAPT EA .. You can signup here http://www.fapturbomeeting.com
Chris Forex
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