Summary and Risk Management

To recap our method here - we generally execute our orders around the open (when overreaction is most prominent).  The trades we've posted have been uncannily accurate, but that's not always the case, of course.  In general you don't see all our trades, only the high conviction ones.  We try to maintain dollar-neutrality (if not Beta neutrality) in our portfolio, so you'll often see one high conviction trade balanced by a less-conviction trade -- e.g. $BJK short versus $GDX long (less conviction) this morning.

RISK MANAGEMENT
In case you were wondering, we hold most of our postitions from 2 to 8 days, based on our backtested trading rules.  We set exit plans in advance.   Our exit plans rely on sentiment and news stops.  If the sentiment or news shifts away from the speculative aspect that we are trading (either long or short), then we exit before the "expiration date" of the position.