RE:Gonna trade in the 30's today for sure Macro global sell offI am inclined to agree with you. Unfortunately it will likely be another ugly day today.
I am curious, does anyone on here hedge their market risk exposure with CXR?
I am holding 3x Inverse S & P 500 ETF to reduce the market risk on my position and have been for a couple weeks now. Unfortunately CXR has been dropping more in relation to the market than I anticipated, but still, it has softened the blow quite a bit. When I see signs of a rebound or if I think CXR has bottomed I will reduce and then get rid of them. CXR is my only position at this time, I am all cash otherwise (hedged against Canadian dollar drop with DLR).
Regards,
Marcel
Princeps979 wrote: Gonna trade in the 30's today for sure Macro global sell off continues no where to hide in equities