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Shared by
derekrucki

 

NEM

Feb 15, 2013 09:35


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Only trade of the day, pretty good 2' momo but im not pulling as much as I should out of these might need a new management style.

NET: +3.0R


Execution detail:

Date/time Symbol Side Price Position
2013-02-15 09:35:25 NEM sell $43.640 short
2013-02-15 09:40:36 NEM buy $43.387 short
2013-02-15 09:46:49 NEM buy $43.210 short
2013-02-15 11:53:06 NEM buy $43.050 0


Comments

2013-02-21 18:27:49
 

Think about it in terms of the size of the move vs the size you got out. In this case you got 60 cents out of a roughly 80 cent move, or 75%, which is pretty damn good.

2013-02-22 00:47:55
 

Yeah I agree it is good thank you! However, I only got 60 cents of the move with 1/4 of my core position that is how I look at it. I am looking at different management styles where I can capture this larger move with a larger chunk of my core position.

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