Sold Full UYG Position at 3.18 Per Share
April 9th, 2009
I sold my full UYG position, which I entered on March 19, 2009 at 2.71 per share.
Apparently, I’m developing quite a knack for selling too soon. UYG closed the day up about 30 cents from the point I sold in the morning, which was a pretty big move to miss. Not that I’m complaining about a winning trade, but I definitely want to take note of transactions like this to hopefully learn something and do a little better the next time.
After commissions, and a dividend payment, my realized gain on this trade was 16.4%.
