I LOVE, love, love, love MCP long, but I think there's a decent probability of a gap fill so I'm cutting MCP back to a half size trading position from a full size.
For Core MCP longs (trend trades), I'd leave it alone, I think it will be fine and there's no reason to try to cut too much around the bone, but for a trading portfolio, I'd rather protect some gains, still have some exposure and have a chance to add shares back at a lower cost basis.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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