Friday 8 February 2008

Stopped out of the S&P short

Well, having increased the S&P 500 short yesterday at 1317.5, and moving my stop-loss to the breakeven level of 1334, I got stopped out. Shame. Maybe I should have been less greedy and just chucked some of the profits into the pot whilst it was up.

Oh and just an admin note, I closed out my Johnson & Johnson short back on January 24th, I'd forgotten I even did it at the time, it's in the closed trades section now (profit $689).

And fingers crossed for GBP/USD to expire at 1.95 at 10am NY time today, that's where my straddle is struck.

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