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Thursday, November 20, 2008

Sold SDS

I closed out my SDS position at $111.93 for a 31.4% gain. My goal was to sell in the $120 range, however there was a 13.8% trading range with a $99.94 low/$113.73 high and I wanted to take advantage of that huge upward move. I wasn't jumping for joy to lock in those profits, but I would have kicked myself for missing that big move.

1 comment:

Justin said...

Update: Looks like I sold a day too early. That was a huge move and missed out on approximately 14-15 point uptick.