Just closed my entire $200K position in SDS (double short S&P 500 ETF) for a very very nice profit...haven't even calculated it yet. Now flat. Too much adrenaline rush for me to handle.
like i`ve been saying about the fed..........the whining perma bulls get there cut & it just is`nt good enough for them...they wanted anther .50 cut........now the fed is implying " no mas" stance. the bulls lord & savior has left the building.
congrats!! leave 50k on at least though... this could be a homerun.. odds are we move below 1500 to where you said 1460-1470 there is going to be reactions to sit through though.
stopped out last unit at 1518.50 for an approximate gain of 12pts per contract on the last unit with a 2 pt stop 1:6 risk to reward.... gotta love it
Looks like I'll get a chance to do that at a better price than where I closed out. A $50K runner won't interfere with my beauty sleep; a $200K position would have. I guess that pretty well calibrates my wuss threshold!