My spreadbetting adventure

[kimchi]

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i will be using britishbulls.com. I then choose their higher rated stocks, 5 of which I short, another 5 I long, therefore, no matter where the index direction goes, I am fully hedged.


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But you're not fully hedged because I know you're not practicing position sizing. Your bets are dollar-weighted and not volatility weighted.

Your exposure will thus be squewed to the direction of whichever stock has the highest volatility.