*Note – I made this trade before launching ClearTrades.com so the details are a little light. You can expect to see more information on trades made in the future.
Long 40 more shares of SSO – (Ultra S&P500 ProShares) at 23.61 per share. This brings me to 80 shares at 24.04.
I was trying to reduce my per share cost of SSO. Still a little too high on the price, but at least I did better than the previous day. Looking back, I can see that I was still wrong on the direction of the market.
Buy, SSO
*Note – I made this trade before launching ClearTrades.com so the details are a little light. You can expect to see more information on trades made in the future.
Long 50 shares of DIG (Ultra Oil & Gas ProShares) at 27.96.
I’m not really sure why I bought this. I’m sure I was looking a move in oil, but I don’t know why. It’s not really a short term play, which is primarily what I’m after right now. This was an okay time to buy, but nothing spectacular either.
Buy, DIG
*Note – I made this trade before launching ClearTrades.com so the details are a little light. You can expect to see more information on trades made in the future.
Went long 40 shares of SSO – (Ultra S&P500 ProShares) at 24.46 per share.
Looking back, I can see that I made this trade at the worst possible time. I got caught up in the emotion of the market rally and didn’t pay careful enough attention to the charts. If I had been short this would have been a great trade…but of course that is easy to see now.
Buy, SSO