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Going short to Hedge?


MTG

Question

Hi,

If you have gone short to Hedge (Dj Wall st @ 23800) against your free falling Long position (Dj Wall st @29350) and you now have a substantial profit on your short position, is it wise to cash in your profit to act as a cash buffer against a margin call, before the market reaches  your short position at 23800, or is it better to keep the security of the Hedge and by doing so, let the profit erode? 

Probably a judgement call I know, but just looking for opinions and ideas?

Cheers!

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6 hours ago, MTG said:

Hi,

If you have gone short to Hedge (Dj Wall st @ 23800) against your free falling Long position (Dj Wall st @29350) and you now have a substantial profit on your short position, is it wise to cash in your profit to act as a cash buffer against a margin call, before the market reaches  your short position at 23800, or is it better to keep the security of the Hedge and by doing so, let the profit erode? 

Probably a judgement call I know, but just looking for opinions and ideas?

Cheers!

Today could be the decider for US indices, if there is to be a retest of the lows it could likely start with a failure at the current Thursday's high retest for leaders Nasdaq and S&P.

If Thursday's highs is taken out today then would expect another push higher.

image.thumb.png.e28b910e9f59fb6d2bbd5aa523923706.png

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