pnoy scratch
Term for getting out of a speculative trade at breakeven by doubling down at a better price and then liquidating the position at the average of the two prices.
pnoy scratch by pnoy008 February 18, 2005
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PNOY Scratch
While trading futures, the act of "doubling down" to average the spread price to escape financial carnage
PNOY Scratch by Chris Chacon February 18, 2005
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