To be clear, there is no time constraint to get the 100%. Could be one year...could be 5. Currently my position size for stock trades are just under 15% or equity. Will likely scale up to 25%. Most of the time no leverage will be used, though if things start cranking I would likely keep adding positions until 2 / 1 leverage.
Both F and STX have a BE stop. It is a judgement call on the 15 to 20%...depends on how fast the stock is moving. For the STX trade, if QQQ bounces here I will likely make money on the trade. If we continue to sell off I expect to get stopped out.
Not at all. Think about it, not wanting to be long a stock does not mean you want be short the stock. Looking at the NUE trade above...I am more inclined to look for another opportunity to go long. Often times a BO fails only to come back and then BO again. For example:
Algos took a bit of a dump this week and stock trades basically flat. Sold half of F and hope to ride the rest to $30.