Hedging is an art and to earn profit by hedging lot of experience, sharpness and skills are required. In this traders place two opposite trades at a time with take profit and stop loss point. The traders usually keep stop loss much lesser as compared to take profit. But it is a very much risky strategy. First apply it on demo account then go towards real account. hedge strategy is to initiate open two positions simultaneously buy and sell. This strategy can make a trader benefit by market movements in both directions, but of course the trader must be able to close the position exactly. using this strategy must be based on the understanding of the market conditions were very good.