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$PARTI I tried to come up with a solution to help a friend solve their problem, and I want to share it with you. What would you do in this situation? This is a good strategy, but if not approached properly, it can lead to significant losses. My conclusion on this matter is as follows: ๐
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Placing a stop-loss on a long position โ closes the long position before a major loss occurs.
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Leaving enough margin to keep the short position โ if the long position is closed, the short will remain open as long as there is enough margin.
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Setting a take-profit or trailing stop on the short position โ if the price continues to drop, profit is secured, and the loss from the long position is covered.
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