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Free Hedging Calculator: Easily Hedge Trading Profits This calculator tells you how much to back or lay when trading out in order to leave equal profit or loss across all selections. It is especially useful for lay the draw trades, whether you need to lock in a profit or protect your bank by cutting a loss. Laying First Here’s how to use the hedging calculator for trades in which you lay first, for example, LTD: Click the “Laying First” button.