Today was an awful day for pretty much everything, and GLD had a particularly rough day. I have been moving my stop up as GLD has risen and today it hit @ 95.10. And since after a stop hits, it becomes a market order, my order actually filled @ 94.95, which shows how fast GLD was dropping when my stop order crossed.
Overall on the trade I made $79.40 before commissions, which was just about 1.5% of my portfolio, by only leveraging about a third of my captial.
Wednesday, June 3, 2009
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