It's at the earlier target I said I'd like to short it at today, about $7.00
Just make sure you use that stop or a stop close and don't expose yourself to a lot of risk, the point of waiting was to lower risk exposure.
Also watch position sizing. A 10% gap up shouldn't produce more then a 1-2% maximum total portfolio loss, that can only be done in position sizing.
Futures Update BR-EXIT Edition
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So the conventional wisdom couldn't have been more wrong. Those chasing
risk and closing hedges couldn't be in a worse place right now. I would
still remin...
8 years ago
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