Posts Tagged Under closing positions
Closing GOOG March $540 position
This morning our stop loss was triggered, and I took a hit of -52% on my GOOG position. I was thinking of holding the position, but hey…DISCIPLINE is my priority. Now with the bounde of the markets GOOGLE is rallying once again to the $530 level. FYI – GOOG chart is broken since yesterday, so be careful with the trading. Today, it hold the $520 level, which is great…I am a big believer in GOOGLE for the long term, and we can see this stock going back to the $540 or $550 level if the chart go above the $530 in strong volume. Happy trading everybody..!!!
By Carlos Molina
Another 30% return on U.S. Steel options
I just went ahead and close my position on U.S. Steel (X) @$3.12 for a quick 1 DAY return of 31%. I bought the contract yesterday @2.38, and some other contracts even lower at $2.32. Once again, the dollar is helping with the volatility on the commodities. Today we’re seeing U.S. Steel up 3.5%+ @$45.97 current stock price. I have also wrote a post regarding U.S. Steel (X), check it out in the Tech Analysis category in the main menu, and tell me what you think. Best wishes for your trading day..!
By Carlos Molina
- Jerry Larach : 21% Gain in two positions is not bad at all. Keep up the good work. ...
- Mel : There is a bubble and it's hovering over the ceiling of the stock mark ...
- Jerry Larach : That was a good CALL... 15% ROI !!!! Not a bad day.... Good J ...
- Mel : Analiza EGAS y comentas como la ves ...
- Mel : Good move. You should include that transaction in the performance sect ...
- Carlos Molina : Claro, lo voy a hacer tan pronto pueda. En estos momentos mi unica pos ...
- inocente : carlitos el melvin me comento a cerca de tu pagina me gustaria aserte ...