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Re: Trading The News
There are not many news events that are good for a straddle but the quarterly Bernanke testimony is one of them. I set up hotkeys for a straddle on my platform and hit them 2 seconds before 10 am, that way you can keep the straddle tight and get in at the best level. It's best to use stop-limit orders so you don't get slipped too much.
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