091: Craig Scott – Trading Fundamentals, Sentiment and Events, and Why Conviction Matters
Chat With Traders
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The Benefits of Hedging Your Positions
If you're trading a small account, let's say $10,000, is there any benefit of hedging your positions or does it become more beneficial when you're trading that say $100,000 in upwards? If you're dealing with an account that's fairly, you know, on a smaller scale, I would say that your position should be smaller and that the hedging benefit is diminished. There are other ways to hedge without directly going against your portfolio. And yes, in a smaller size portfolio, I would make my positions a lot smaller and probably not hedge them out of the gate.
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