Trade I took profit of half of my possition of my FC spread. I sold 3 x FCK5 - FCQ5 on 05/05 at 0.60. Hyp. profit is $1,725 - commission $150 = $1,575 Hyp. account is at $36,914. I am moving my stop for my last lot of FC-FC to 0.47.
Trade I did get stopped out on my FC spread: I sold 3 x FCK5 - FCQ5 on 05/11 at 0.20. Hyp. Profit is $2,850 - $300 commission = $2,550. Hyp. account is now at $37,890
Hi, Andy! Can you, please, send me more information about spread trading - as you proposed at 02-17-05 03:01 AM Thank you, sea
Comment - 05/16 Hi Guys, just some comments about a traders destiny I was looking at 500*FCQ5 - 400*LCQ5 to enter on a break out of the hook last week but I was still in my FC-FC spread with FCQ5 on the sell side. Well, I did not enter the trade...unfortunately! I was also looking at 100*SMQ5 - 600*BOQ5 on Friday but the spread moved up the last few minutes before the close. I did not get into this one neither! As you see I am not completely lazy...just don't have any luck to get the right entry. So all I can do is to watch out for new ones...and I am sure I will find some! Happy trading, Andy
Sorry Guys no trades so far but I am sure I will find something the next days! If there are some general questions about spread trading just let me know! Happy trading, Andy
Trade Yes, it's me...I did enter a spread trade! 6 x LCM5 - LCQ5 at a spread value of 0.9 on 05/23. Risk is $500. The idea is a seasonal trade. Well, the spread moved down after the entry but now it's moving the right way. Will keep a tight time stop and jump out if it's not moving up till around 2.0 the next few days. Will keep you informed how I am doing. I am watching a few more spreads at the moment but I still can not see any entry signal. Happy trading, Andy
My LC spread is not moving my way. Will kick it out if it's not moving up tomorrow. Will keep you informed! Andy
Trade I already kicked out my LC spread yesterday (06/01). It did hit my time stop and I got out at 0.90. Hyp. loss is 0 (got out at b/e) - $300 commission = - $300 Hyp. account is now at $37,590
Trade Here comes a new one: I did enter the following spread on 6/8: 8 x LHV5 - LHZ5 at a spread value 1.95. Risk is $350, target 4.50. I did enter a MW spread on 6/6 on a break out of a trading range: 14 MNW5 - MWU5 at a spread value of -5. Risk is $200, target +10. I did enter a LH spread on 6/6. 6 x LHN5 - LHQ5 at a spread value of 1.57. Risk was $450. I got out already on the next day at 0.87. Hyp. loss was -$1,680 - $300 commission = -$1,980. Hyp. account is now at $35,610.