
03-26-2007, 04:46 PM
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Senior Member
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Join Date: Dec 2006
Location: Charlotte, NC
Posts: 179
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Quote:
Originally Posted by shadow
I think usually when this happens and the spike is against the trend, it usually comes back, but I don't care, and I don't worry about it. When big news is about to come out, I just hedge my position, That way I'm still in the trade and I don't lose money. If the trade goes against, I wait for it to come back, if it does, I eliminate my hedged position and continue to ride the trend, if it keeps going against, I cut both positions with the profit I had going in before the hedge. Best to ya!
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Hey Shadow.
How would you go about this hedged position? If you were long in a position and the spike is short, how would you setup up your hedge position? Thanks.
Adam
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