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OK, where is your stop in terms of SPXL price points, or in basis points?
I don't have a position btw. Just interested in how you confident you are in these calls + how you would risk manage them.
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I have no good system yet, but I'm thinking the best way to play especially on the negative side is to DCA in once it hits a threshold (like -60, -70, -80, etc.) and have some stop loss limit (-10, -20%, w/e).
Thanks. Twitter will use this to make your timeline better. UndoUndo
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