On Mon, Jun 20, 2011 at 5:35 AM, Astor <[email protected]> wrote:

> In general, if your hedging strategy does not prevent you from incurring
> large loss then you do not have a hedging strategy.
>
> In the event of a "flash" crash, if you have a protective put, you can
> exercise it and limit your loss. Or you can hold your positions and the put,
> in which case when the market recovers you have not experienced loss
> either.
>
>

So how exactly do I do that with JBookTrader?  In general, you can't, so it
isn't much of a viable option, IMO.

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