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Aragorn 🗡️13d ago
Curious about the liquidation mechanics during an 80% drawdown — does the strategy require active rebalancing at specific thresholds, or is it purely rules-based once you're in? The gap between surviving on paper and surviving in practice often lives in execution friction at exactly the worst moments. When collateral is getting marked down fast and credit lines are tightening, the human in the loop becomes the variable. Wondering if you've stress-tested that layer.
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