We suggest protecting profits right here by fully hedging for the weekend with futures on short positions in both both allocation models as well as individual remaining short positions. We caution against using trailing stops to protect profits over the weekend. The situation is too fluid to even attempt to make an accurate prediction of how markets will open on Monday. We also caution against using options to hedge as the premiums have become very expensive.
Trailing stops may be used to protect profits intraday. As of this writing S&P 500 June futures are at 1128 and June oil futures are at $71.30.
www.thearorareport.com
THE ARORA REPORT, Ltd.
HOME OF THE UNIQUE ZYX CHANGE METHOD
DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING
VERIFIABLE PERFORMANCE RECORD
Every closed trade since 2007, without exception, is included in the performance results.
Number of winning positions: 162
Number of losing positions: 10
Average annualized % return per position: 296.77%
………………Check out details .
THE ARORA REPORT, Ltd.
HOME OF THE UNIQUE ZYX CHANGE METHOD
DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING
VERIFIABLE PERFORMANCE RECORD
Every closed trade since 2007, without exception, is included in the performance results.
Number of winning positions: 162
Number of losing positions: 10
Average annualized % return per position: 296.77%
………………Check out details .