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Q1 - You bought a currency thinking that it would go up but the currency seems to go down. You still believe that the currency

Q1 - You bought a currency thinking that it would go up but the currency seems to go down. You still believe that the currency will go up eventually. How would you hedge your risk while keeping the stock?

Q2- If you are short a put, how would you protect your position when you realize that the price of the underlying asset is going to go down?

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