There are different strategies for the hedge trading method. Wise traders always prefer hedge trading method or arbitrage where the profit ratio is higher and the risk is lower.
That is why if you are not good in technical analysis or to understand the chart then hedge trading is the best one for you. The good thing about it is you dont need for any technical analysis or fundamental analysis.
A week ago I shared about the gainers and losers which is still working best for me. I also told that the win % is 80-85% and that is true. You can check yourself and let me know if it works or not.
In this post I am here with another simple hedge trading method which is again a win win situation. There is no need for any analysis rather you need to focus on the strategy and the main thing that you must stick with the plan.
The strategy is very simple. You have to select only two coins HIVE and STEEM which is highly collateral. They have almost the same price movement , there is no huge gap in them, if one pumps or dumps other follows it.
Then what is the point to make profit, its good question... You have to trace only smaller profit gaps like 0.2-0.4%. HIVE and STEEM brings this small difference after every hour and you have to take it.
What you have to do is, you must use 2 account for that. In once account you will long HIVE and short STEEM and on the other account you will short HIVE and long STEEM.
Now, wait for either side to give you atleast 0.5% profit. Lets say, account 1 gives you 0.5% difference close it immediately and hold the account 2. Wait for it to reach its initial position.
Once you see account 2 is at initial amount, again open the positions on the secondary account and again wait for the price difference. If again there comes a 0.5% difference then again close one account position and hold the other.
Continue this practice and keep on booking profits. Some may asking question what will happen if the the position in one account will bring huge price difference. It will not happen because you have long hive and short steem which will continuously cancel each other and will reduce the price difference.
I hope the strategy is simple and easy to implement. Let me know your trade success in this strategy.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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