Monday, November 23, 2009

LONG
- Nikkei: -6.0% since entry Oct. 26
- U.S. financials: +0.9% entry Nov. 2 (using 300% leveraged fund)
- Canadian financials: +3.5% since entry Nov. 2 (using 200% leveraged fund)

SHORT
- Crude oil: -1.5% since entry Oct. 19 (using 200% leveraged fund)
- S&P 500: -10.2% since entry Nov. 2 (using 200% leveraged fund)
- Natural gas: entry Nov. 23

CLOSED TRADES
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Notes:
- Trade results are as of the close of Friday, Nov. 20. Any new and closed positions are as of the open of the current week's trading, unless otherwise noted.
- Returns on trades are based on my own positions, not the underlying market prices, unless otherwise noted. Returns from closed trades include trading fees. My own return may differ from the return of the underlying index, security or commodity because of variations in how the security I use tracks the market. In some cases, my return is based on a leveraged fund and may also include currency exchange into Canadian dollars.

2 comments:

Anonymous said...

Alex,
Your S&P 500 stop level is 7.77% - wouln't this trade be stopped out by now?

Thanks.
Ken Trung

Alex Roslin said...

Hi Ken,

As noted, it's a 200% leveraged trade. Thus, I double the stop level so it would be closer to the same as the underlying. My position size is also no more than half the maximum in a 200%leveraged trade.

Regards,
Alex