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Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.
Take some profits on the VXX Trade
I gave a gain of about 2.6% on the VIX trade from yesterday. I am taking some profits. Set a trailing stop or trim your position: I am taking 20% out and setting a breakeven for about 30% of the entire position. Important levels: Yesterday’s Low Close – cutting risk if we get to those levels…