Sold 2600 Shares of UYG at 2.94
March 18th, 2009
*Note – This is an old trade that I’m posting for tracking purposes. Follow me on Twitter or StockTwits to keep track of my most recent trades, as close to real-time as possible.
Finally emptied my UYG position. This is another example of a trade that I let get away from me for way too long. I stuck with it, and kept averaging down. Things were painful for a while, but I was finally saved in the end by a nice Financial sector recovery. This trade worked out, but it wasn’t a smart way to go about it and I won’t soon forget the pain I was feeling on this one. Hopefully that is a lesson learned for good.
Realized a gain of $1,825.95, for a return of 31.42%
