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96 - Real Talk with Real Traders: Mark Anderson

The Trade Busters

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How to Hedge Against Slippage in the Last Hour

Back test is a good gas, but you're making assumptions and like the other thing that I think people script with back test is like the more assumptions and parameters you add, the less accurate it is. In my opinion in the last hour, the all the risk is in unit side and slippage because it's just very, very clear that it stays within its expected move. So how do you hedge against that? You know your fate is going to pay, but it has to pay in a way that's diversified. That's not just oh, I collect the same amount on each side.

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