Should I cut position size on Monday? My main strategy has some market exposure, so I have some hedges to keep it market neutral. So far this month it worked well and reuurn has been aver 6% without much volatility. However since it seems market is very volatile, it makes it harder to perdict how good the hedge will hold, so I cut position size by 5% on Friday. The question is if I should become more aggressive on Monday and cut an additional 20 % in size. The alternatives are -Do nothing since hedge seems to be working. -Keep cutting 5% for next few days, as long as market stays in volatile mode. -Increase hedges -Do nothing now, but monitor positions closely to see if position stays market neutral. If I see a change would start cutting aggressively then. Your advice is appriciated.