WindwalzerApr 19, 20 1:51 AM
You must be getting some good studying in on this one?
-$7,231 Loss
TVIXLong Stock
Entry comments: Last market hedge.
Exit comments: I relied on history to project a 'sure thing'- bear markets with recessions like 1929 and 2008 crash and then go lower after a rally. I was expecting at least a pullback on bounce, not new lows, but there was NONE! This was a real V shaped recession recovery- first and fastest in NASDAQ history. Going against the market and FED full size like I did here was a massive disproportional risk. Stop was too wide and I made this a waiting game. But I still believe the statistical odds were on my side.
Broker:Interactive Brokers
| Date | Price | |
|---|---|---|
| Entry | 4/17/2020 | 225.36 |
| Exit | 7/2/2020 | 104.84 |
- Total Views331
- Position Size60
- Percentage-53.48%
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AndrooApr 19, 20 1:55 PM
@Windwalzer oh, what do you mean?
1
WindwalzerApr 19, 20 2:13 PM
You said you have been trading these types of stocks and are comfortable, I figured since you got in twice you are expecting good returns down the road. It is a compliment.
AndrooApr 19, 20 8:16 PM
@Windwalzer Thanks, Im looking to exit in the next few weeks
WindwalzerJul 05, 20 10:47 PM
Sorry you didn't get to choose.
