Wednesday, January 07, 2009

Quick Scalp

Well, that was short-lived.

Remember that energy play I talked about recently? Well, I sold out my position in DXO just now after 2 weeks since entry. Not as large of a profit as I could have made, but definitely positive by $963 according to my calculations. I'll do the final numbers and let you know.

And if you're wondering why I never mentioned the ticker before now, its so that no one can accuse me of talking my book. I trade (and win or lose thusly) based on my own thinking and instincts. You should do the same.

Cheers!

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