overclipping it’s very important as a trader that you understand your clip size and what positions...

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Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you to know how your fills will affect your position.

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Page 1: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

Overclipping

It’s very important as a trader that you understand your clip size and what positions this allows you to

have. In addition it will help you to know how your fills will affect your

position.

Page 2: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

• For all of these examples we will be using a 4 lot clip. If you have a clip increase then your positions can increase directly in proportion to the clip increase.

Page 3: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15Sep15Dec15 +4Mar16 (4)Jun16Sep16Dec16 +4

Mar17 (4)Jun17Sep17Dec17 (4)Mar18 +4

Page 4: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15Sep15Dec15 +8 +4 +4Mar16 (12) (4) (8)Jun16 +4 +4Sep16Dec16 +8 +4 +4

Mar17 (12) (4) (8)Jun17 +4 +4Sep17 +8 +4 +4Dec17 (12) (4) (8)Mar18 +4 +4

Page 5: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15Sep15 +4 +4Dec15 (4) (4)Mar16 (12) (4) (4) (4)Jun16 +16 +4 +4 +8Sep16 (8) (4) (4)Dec16 +4 +4

Mar17Jun17Sep17Dec17Mar18

Page 6: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15Sep15 +4 +4Dec15 (4) (4)Mar16 (12) (4) (4) (4)Jun16 +16 +4 +4 +8Sep16 (4) +4Dec16 (4) (4)

Mar17Jun17Sep17Dec17Mar18

Page 7: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15Sep15 +1 +1 +1Dec15 +2 +2 (1) +3Mar16 (3) (1) (2) (3)Jun16Sep16Dec16

Mar17Jun17Sep17Dec17Mar18

Page 8: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15Sep15Dec15Mar16Jun16 +1 +1 +1Sep16 +3 +3 (1) +4Dec16 (4) (1) (3) (4)

Mar17Jun17Sep17Dec17Mar18

Page 9: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15Sep15Dec15Mar16 +1 +1 +1Jun16 +1 +1 (1) +2Sep16 (1) (1) +1 (2)Dec16 (1) (1) (1)

Mar17Jun17Sep17Dec17Mar18

Page 10: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15Sep15Dec15 +1 +1 +1Mar16 (1) +1Jun16 +3 +3 +4 (1)Sep16 (4) (1) (3) (4)Dec16

Mar17Jun17Sep17Dec17Mar18

Page 11: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15Sep15 +1 +1 +1Dec15 (1) +1Mar16 +2 +2 (1) +3Jun16 (3) (1) (2) (3)Sep16 (1) (1) (1)Dec16 (2) (2) +1 (3)

Mar17 +3 +1 +2 +3Jun17Sep17Dec17Mar18

Page 12: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15 +4Jun15 (4)Sep15Dec15 (4)Mar16 +4Jun16 (4)Sep16 +4Dec16 (4)

Mar17 +4Jun17Sep17 +4Dec17 (4)Mar18

Page 13: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15Sep15 +16 +4 +4 +4 +4Dec15 (28) (8) (4) (12) (4)Mar16 +12 +4 +12 (4)Jun16 (4) +4Sep16Dec16

Mar17Jun17Sep17Dec17Mar18

Page 14: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

Test

Unhedged/Overclipped

Page 15: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15 +5Sep15 (7)Dec15 +11Mar16 (13)Jun16Sep16 +4Dec16 +8

Mar17 (20)Jun17 +16Sep17 (4)Dec17Mar18

Page 16: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15 +5 +1 +4Sep15 (7) (3) (4)Dec15 +11 +3 +4 +4Mar16 (13) (1) (4) (8)Jun16 +4 (4)Sep16 +4 +4Dec16 +8 +4 +4

Mar17 (20) (4) (4) (12)Jun17 +16 +4 +12Sep17 (4) (4)Dec17Mar18

Page 17: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15 +5Sep15 (11)Dec15 +11Mar16 (9)Jun16Sep16 +4Dec16 +8

Mar17 (20)Jun17 +16Sep17 (4)Dec17Mar18

Page 18: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15 +5 +1 +4Sep15 (11) (3) (8)Dec15 +11 +3 +4 +4Mar16 (9) (1) (8)Jun16 +4 (4)Sep16 +4 +4Dec16 +8 +4 +4

Mar17 (20) (4) (4) (12)Jun17 +16 +4 +12Sep17 (4) (4)Dec17Mar18

Page 19: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15 +3Sep15 (10)Dec15 +10Mar16 (9)Jun16 +10Sep16Dec16 (4)

Mar17Jun17Sep17Dec17Mar18

Page 20: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15 +3 +3Sep15 (10) (6) (4)Dec15 +10 +3 +4 +3Mar16 (9) (9)Jun16 +10 +1 +9Sep16 (3) +3Dec16 (4) (1) (3)

Mar17Jun17Sep17Dec17Mar18

Page 21: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15 (2)Sep15 +7Dec15 (9)Mar16 +11Jun16 (7)Sep16 (8)Dec16 +7

Mar17 +4Jun17 (7)Sep17 +4Dec17Mar18

Page 22: Overclipping It’s very important as a trader that you understand your clip size and what positions this allows you to have. In addition it will help you

NetMar15Jun15 (2) (2)Sep15 +7 +4 +3Dec15 (9) (2) (3) (4)Mar16 +11 +8 +3Jun16 (7) (4) (3)Sep16 (8) (4) (3) (1)Dec16 +7 +4 +3

Mar17 +4 +4Jun17 (7) (8) +1Sep17 +4 +4Dec17Mar18