I have read "Reminiscences of a Stock Operator" (ISBN: 0471770884), but I am wondering if anyone here have read "Reminiscences of a Stock Operator...
Sounds like you're referring to arbitraging. To do this successfully, you'll need to find one broker price is lagging the other with a difference...
You're right, long EUR/USD and short GBP/USD would essentially give you a long with EUR/GBP. That's why I called it a "partial-hedge" (maybe...
The use of hedge can be (1) For protection of your capital. I heard some traders don't use stop loss, instead they hedge their losing...
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