Should I cut position size on Monday?

[gkishot]

Is your position bigger than your capital?

 

[SteveNYC]

Quote from Random.Capital:

If you consider the current environment "high volatility", you should probably consider getting out and staying out, because this is nothing.

Lol. Very true.

Besides, the question can't be answered. You provide inadequate info.

 

[TILT2]

cut

 

[HurricaneUS]

Quote from macintash:

..... the worst in 40 years.

dumbest statement evah

 

[oldtime]

Quote from macintash:

The point of the thread is not about how to make money with or with out market exposure, I was looking for advice on how to handle position size.
But to answer your question, there is a lot of long/short strategies that can make money without market exposure.
(another option is, to keep it in a CD..)

traders think they have no market exposure when they don't really understand the market they are trading. And secondly, I am very smart and never found it to be of any material value. And thirdly, you only have two choices, add size or get flat, reducing is not an option. Didn't they already discuss that in "The Art of War"?

 

[Random.Capital]

Quote from macintash:

So your advice is to go out 100%? The dow has fallen 12 of the last 13 trading days, the worst in 40 years.

For you?

Yes.

 

[oldtime]

Quote from Random.Capital:

For you?

Yes.

I'm trying to take better care of my health. When I'm smoking a cigarette and read a post like that all the coughing starts back up again. But it's a good cough.

 

[macintash]

Quote from gkishot:

Is your position bigger than your capital?

No, positions are smaller then capital.

 

[macintash]

Quote from Random.Capital:

For you?

Yes.

Wouldn't be able to follow your advice, my most aggresive option is to cut 25%. But thnaks for your advice anyway.

 

[Random.Capital]

Quote from macintash:

Wouldn't be able to follow your advice, my most aggresive option is to cut 25%. But thnaks for your advice anyway.

No problem. We all do what we gotta do.

Cheers.