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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Gersh Avery who wrote (35168)10/4/1999 6:54:00 PM
From: Gersh Avery  Read Replies (1) of 44573
 
Now .. I think that the math works out like this:

I started this morning with 6 short @ 86

shorted another 6 @ 00.0
covered the 12 @ 6.25 loss of (6.25*6 + 20.25*6) 159 points
long 12 at that point @ 6.25
covered those 12 @ 10.25 gain of 48 points
sold 12 then @ 10.25
covered those @ 9.25 gain of 12 points
short then 12 @ 12
covered at close @ 18.5 loss of 78 points

48 round trips for a deduction of 24 points

so then 48+12-24-78-159 = -201 points (ouch)

201*250 = -50250

account now at $199750.00 and flat of all contracts.

Gersh
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