Bump!

I really do three leg hedge and can provide some newbie help concerning how it functions.
A hedge is expected to be impartial. Minor profit or drawdown is crucial to this intention. There entered ought to be A hedge to preserve an existing substantial position shattered if required. Example: Your NAV is evaporating in a trade, so you hedge the trade until funds can land on your account in 2 days time, then exit the hedge and allow the market ravish your account until the trade turns around. This allows you to commit to your analysis or gives out time to rethink rather than pulling the pin.

If utilizing lots to make money, you are stuck with determining BBS or SSB. This is because lot sizes are not equal. Because they're not equivalent the pairs each possess small exposures. The small exposures will collectively generate either a profit or drawdown based on which course the hedge is entered. It is basically a costly way of profiting from a tiny exposure. The profitable pair exposed in the hedge could be utilised as a stand independently traded lot. A profit with less cost.

Utilizing $ units rather than lot sizes offers a lot more flexibility and utility. Still another article.

Cheerio chaps.