ReverandglennAug 09, 11 5:05 PM
maybe I am missing something, but 1593.70 - 1547.00 = 46.70 x 63 shares is $2942.10, not $294,020.00. Or was the position size 6300 shares, not 63? Maybe transposed digits? Rev
$294,020 Profit
GCLong Future
Bearshitting Gold position swing position last week.
Broker:Goldman Sachs
| Date | Price | |
|---|---|---|
| Entry | 7/11/2011 | 1,547.00 |
| Exit | 7/17/2011 | 1,593.70 |
- Total Views5,467
- Position Size63
- Contract MonthSeptember
- Contract Year2011
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JoseGarciaAug 12, 11 3:47 PM
No, he bought 63 contracts=6,300 ounces. 6,300 ounces x $46.70= $294,210
ReverandglennAug 12, 11 11:00 PM
Yngtrader, Like I said, maybe I'm missing something. But, if this is how it is, then WOW!
ReverandglennAug 12, 11 11:10 PM
But, geckler must have a TONNE of cash. I tried to read a bit about trading gold futures, but it is too complicated for me at this point in my learning.
