Monday, August 10, 2009

LONG
- Crude oil: entry August 10

SHORT
-

CLOSED TRADES
- Nikkei: -0.1% since entry June 8 (using EWJ in a Canadian-dollar-denominated account; EWJ itself gained 6.7% during the same timeframe)
- U.S. financials: +54.7% since entry July 13 (using 200% leveraged fund)
- Canadian financials: +28.0% since entry July 13 (using 200% leveraged fund)

Notes:
- Positions are as of the open on Monday, Aug. 10.
- Unless otherwise noted, returns on trades are based on my own positions, not the underlying market prices. 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, what a play! what did you use to trade u.s. financial?

Thanks,
ken trung

Alex Roslin said...

Hi Ken,

I will be using HFD in Canada and FAS in the U.S. Not a recommendation!

Regards,
Alex