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96 - Real Talk with Real Traders: Mark Anderson

The Trade Busters

CHAPTER

The Effect of Placement on Slippage Risk

Grant, you like to focus on the last hour? Yeah. I guess can you talk about a little bit as much as one to like the kind of strategies you trade? Grant: Instead of diversifying by basically like, oh, I'm always collecting this much on a strangle this time, I'll basically diversify by placement. The closer to the money you are, the more likely that slippage is going to hurt at the end of the day.

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