Summaries
Classic Stewart v. CNBC and Cramer. Enjoy!
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Covered XLU short at 28.04. My target was 27.50 but I don’t feel comfortable holding on for those last few cents. 6.5% gain on the trade. Here’s a quick status update on how I’ve traded thusfar.
Statistics
Stocks
Number of Shares
695
Win / Loss %
66.67%
Profit / Loss
$ 471.90
Options
Number of Contracts
2
Win / Loss
0.00%
Profit / Loss
$ (44.00)
Stopped out EOD at 26.97. 7% loss which was near my max pain threshold. I like to close trades within the last 10 minutes of trading as it removes emotion from the trade. Had USO hit $26, my emergency stop would have been hit, no questions asked. I got half of the energy complex equation correct. A shame crude didn’t rally to the same extent natural gas did the past couple of weeks.
