Monday, September 29, 2008

Trade Update

I took partial profits in DUG today for a big gain at two points, $40 and $42. I am still holding a position.

I exited AAPL for a big loss.

I was stopped out of USD for a very small loss.

I was stopped out of X for a small loss.

I bought SSO at an average price of $46.11 during panic selling.

I bought POT at an average price of $128.37 during panic selling.

Note that all position sizes are small. For example, with the SSO trade, I am not even risking .2 percent of my portfolio. I can take a number of lossed before even making a dent. My thought process right now is to be willing to take some small losses with the possibility of a big gain.

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