I can't believe how cool I am these days when I am out of the money by 5% on a short. I used to "freak out" and run to cover. I have finally come to accept that a swing position can go the other way on you, but as long as the mental stops aren't hit, no problem. Yje trick is to get out when they are hit instead of clinging on to hope. My cover point on the BRCM short is $20.10. If it hits that, then I'm out the door.
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