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FiNiche's avatar

Excellent work! You might enjoy my latest piece discussing macro for 2023 and my portfolio details.

https://finiche.substack.com/p/the-big-portfolio-refresh-202301

Cheers!

F.

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Helmut Stonegaarden's avatar

How does a retail trader even look to take a position in a 5yr/30yr treasury trade? Do you just use some proxy ETFs?

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Geo Chen's avatar

Sorry I missed this. It's best done via futures on a platform such as Interactive Brokers

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Tim S's avatar

thx Mr Fidenza. getting the direction w some risk/pnl mgmt def makes sense. its early in 2023. i feel hope

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Tim S's avatar

what a call. is there a target or just keep a trailing stop loss?

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Geo Chen's avatar

115 is a reasonable soft target for this year. I believe the Boj will deliver more hawkish developments and the Fed is a couple months from pivoting to a neutral stance. To manage risk I would use the 50 dma as a trailing stop or manage risk by partially covering shorts here and reselling next week. I have this trade on via options so that helps to limit my downside and gives me the opportunity to dynamically hedge the exposure.

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