subject: Forex Hedging Strategies [print this page] Forex trading is always risky and hedging is one way that some traders use in order to reduce their risk in certain circumstances. Risk management and money management are vital trading skills and are probably as important as your trading system and trading plan in your success as a trader. So it is very useful to increase your market responsiveness by adding an extra possibility like foreign exchange hedging to the position management choices that you have.