|
Gross: |
$ (30.00) |
|
|
Fees: |
$ (115.20) |
|
|
Net: |
$ (145.20) |
|
|
Contracts: |
48 |
|
So today I learned a big lesson in catching longer swings. I have been trying to scalp a couple of ticks here and there, and started out doing ok on this, but lately have been doing terribly. Today, midway through my trading, I noticed again that the VWAP and the prices tend to converge, so when I noticed that the ER2 was well above the vwap, and began a decent, I shorted two contracts and made $640 on a single trade. This almost dug me out of my hole from the morning. See my equity chart for what I mean. I will be writing a program to track the ER2 premium, and see if this triggers any buy/sell programs.
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