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Re: ArtieB post# 6195

Saturday, 05/02/2015 3:09:55 PM

Saturday, May 02, 2015 3:09:55 PM

Post# of 29954
This is horrible advice IMO. You don't hold an instrument that is designed to deteriorate for "months". Trust me, I know from experience. I lost high in the high 5 figures on this recently for thinking that very thing.

If market does not give you the opportunity to get out within a day or two with a spike...cut your losses and get out...then look for an opportunity to swing trade to make it back. This is meant as a short term hedge only, not a long-term hold. JMHO.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y