ES Journal - 2013

Quote from iloveoptions:

That would take forever, wouldn't it? haha

I meant 1686.75. Thanks for catching it.

Imagine crash of 87, 9/11, flash crash. Not saying it can happen now but this is the issue I see with holding longs long term unhedged. I guess it all depends on how leveraged one is with their position and if they have dry powder to buy a big dip if an event like this happens.

You don't have this type of shock risk holding short; maybe max 2-3% being short. But as always comes down to risk control which includes stops and cap management.

I wonder how many got wiped out on flash crash.
 
Quote from hafez50:

always take that short bacon or its gone real fast. wow what a reversal long. Like i said close your eyes and buy all dips and scale it and never lose

Lol, famous last words is "never lose".
 
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