Recent content by grumpyoldman

Thanks again for taking the time to reply N, No I had the positions already open. I have had them open since around the beginning to middle of May (when the markets were carrying on northbound relentlessly). I was concerned about where the markets may go after whatever Ben Bernanke decided...

Thanks for the reply N, In fairness I wasn’t playing hardball, I just got caught out with June contracts that expired with losses. I was trying to hedge the losses until the market changed...but it hasn’t. You are correct about walking before running, but I am new to contracts and admit my...

Hi all, I’m fairly new to trading...and using forums, so if I’m posting in the wrong place please let me know. My question is, what are the best ways to reduce exposure when too many hedging positions are opened and the opened positions prices range is widening. Does it make sense to cut...