Monday, August 3, 2009

08/03 SPY Double Diagonal

Sadly, SPY hit its max loss point Today. I first hedged the position with a contingent order and then closed the trade at the end of the day. It was fairly easy to exit orderly once the position was hedged.

The trade took a huge up-side swing, as one can see in the risk profile. In the end couldn't stay afloat.


Position's History:
07/31 SPY Double Diagonal
07/30 SPY Double Diagonal
07/29 SPY Double Diagonal
07/28 SPY Double Diagonal
07/27 SPY Double Diagonal
7/23 SPY Double Diagonal
07/22 SPY Double Diagonal
07/21 SPY Double Diagonal
07/20 SPY Double Diagonal
07/17 SPY Double Diagonal
07/16 SPY Double Diagonal Decision Making
07/16 SPY Double Diagonal
07/15 SPY Double Diagonal
07/14 SPY Double Diagonal
07/13 SPY Double Diagonal *New*


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