Gdx

[DJones]

1) No. EOD is long and RT is short. The RT will cover its short either :
- at 0% + porosity or
- at average MF + porosity if it trades below average – porosity at one point in time.

2) Nobody’s talking here about exiting the long EOD position prior to a confirmed exit signal at the close of the day or before hitting the stop.
Billy

1) Thanks. I keep forgetting that the RT message is based on EOD position.
2) I see that I misread Pascal's comments. Lightening up is indeed different than exiting, and from his reply I understand his thinking to be to use the RT's short position as a reason to reduce his EOD long positions.