At 3:27PM, when SPX was at about 1200. (I originally bought in the low 1180s.)
I sold in order to play it safe, but I think 1250 is in the cards before another downturn in prices.
Showing posts with label Trades. Show all posts
Showing posts with label Trades. Show all posts
Monday, August 15, 2011
Friday, August 5, 2011
Wednesday, June 29, 2011
Sold SSO at 51.82
5.4% loss. I bought SSO several weeks ago, when the S&P 500 was approximately at 1343. This was truly a terrible, amateur trade on several fronts. It also made me glad I don't trade options.
I have sold at around 1307 on SPX. The high today of 1309 is close enough to 1312, which I believe may act as resistance. This post explains why.
I have sold at around 1307 on SPX. The high today of 1309 is close enough to 1312, which I believe may act as resistance. This post explains why.
Sunday, May 15, 2011
Friday Recap
Because blogger's posting dashboard was down, I could not post this information in real time.
Friday's S&P 500 intraday bias was neutral
I bought SSO (2x S&P) at 10:09 AM at 54.78
Friday's S&P 500 intraday bias was neutral
I bought SSO (2x S&P) at 10:09 AM at 54.78
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