
222: Luke Cummings – Mergers & Acquisitions: The Ultimate Game of Poker
Chat With Traders
00:00
Are You Taking Some Off the Table?
At what point do you actually book a profit or loss on the trade and move on like a you hanging on there until the very end? Or are you taking some profit along the way, if there's a revised high bid, et cetera. An, how do you exit these trades? Yes, i would say that youowe 80, 90 % of the time we're seeing them through to completion. If youwere geting to the point where the has become so big that it's starting to breach, you knowit wall bump up against position limits then, you know, we kind of don't have a choice. You have to sell some.
Transcript
Play full episode