It is sim, so it does not matter. Remember, I am in an ugly long at 1363x.xx on the MNQ, can no longer dive in until Fed pivots. I can no longer long, and cannot short because bear market rallies are swift sharp and short-lived. I am too deep into the leverage, so am stuck without news to swing it my way. There is a daring move in a FOP play I am sure, but I do not understand options, because options are crazy.
If you want to "hedge" your long, then I suggest you short MES. This way you limit your downside risk.
Bleh, that is the same as locking in the loss without letting it breathe. I have thought about that strat for years. And with earnings coming up? Nah. I'm just gonna China-shop it until I see signs of life in the bull. He's bleeding to death in china shop right now.