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This strategy has been short since the high 1600s/low 1700s and, at this point, is holding less than 25% of its initial position.
Despite a high profitability rate (70%+) and profit factor, (1.65+), low drawdown (<15%) and high runup (47%+) on this timeframe, this strategy rarely sees such a quick succession of protective cover orders. Such a situation tends to...