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93 - Real Talk with Real Traders: Traveling Fox
The Trade Busters
Credit Targeting as a Measure of Risk
I think there's two concepts which maybe people who listen to your work kind of overlook a little bit. One is the idea of credit targeting as a, as a measure of risk. For me, credit targeting is the only way you can capture what the market maker is taking into his pricing strategy for that day. And I would say, the one big thing about stops is if you can account for slippage, a good slippage,. then I still have an expected value," he said.
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