| | Core position of 40,000 shares of UNG intact hedged with Jan 09 options.
20 days of day trading profit: $110,00
Last 2 days of day trading profit: -$50,000
Ahhhh the life of a day trader!. Usually would take a 2% loss and then buy the stock and hold.. since I am maxed on the account.. not able to buy the shares and hold.. and to my luck the covered calls on the losing positions would not have helped.. so saved by being fully invested in energy with UNG!!
In other words could not hold on to more shares as my PLAN Dictates with a declining day trading position.
Take away from all this: Live to trade another day!
Next time listen to C:
Message 24864161
Anything else worth watching, please advise:
stockcharts.com|B|P14,3,3
stockcharts.com|B|P14,3,3
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