My ETFs and futures journal

Quote from crgarcia:

Wow, what a plung, fortunately I was in cash, altought the market is going down, it is oversold short term, so I'm looking for a bounce.

Long SSO on margin for 4:1 leverage
Filled at $54.47 Sep 15,2008; 3:55 PM
Just sold at $58.29

I'm in a hurry to business meeting (not related to trading), will post profit% later.
 
Quote from crgarcia:

Just sold at $58.29

I'm in a hurry to business meeting (not related to trading), will post profit% later.
Long at $54.47, closed (sold) at $58.29

About 13.5% profits!, including commissions and margin interests.
:cool:
 
Quote from crgarcia:

Long SSO at $54.36

(without margin, as the SP may still go lower, in that case Ill average down)
Average down at $51.23
(So the average is $52.80)
 
interesting journal so far, and good work on the profits

My only question is, 4:1 leveraged on overnight positions? Or were those just day trades? If the former, you got balls, my friend.
 
Quote from yayt:

interesting journal so far, and good work on the profits

My only question is, 4:1 leveraged on overnight positions? Or were those just day trades? If the former, you got balls, my friend.
Only overnight.
I don't daytrade at all, and don't intend to do so.
 
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