Wednesday, 3 March 2010

LIVE TRADES - Closed

Well, all my FTSE and DAX positions have been closed off for a hefty loss after that rocket in the indices today, so will start again. Made a major mistake in not taking profits at the bottom of Wave 1 (if it is that) and underestimated the power of Wave 2.

So here are the once profitable trades now showing a big hole in my account:

FTSE June 10 short opened at 5240 closed at 5439 = -199pts
Dax June 10 short opened at 5535 closed at 5839 = -304pts
FTSE June 10 short opened at 5035 closed at 5479 = -444pts
FTSE June 10 short opened at 5020 closed at 5479 = -459pts
FTSE Year End 10 opened at 5170 closed at 5434 = -264pts

S&P June 10 opened at 1116.38 closed at 1116.38 at b/e

Current Positions open:

Ive kept these open as theyre low leverage:

S&P June 10 open from 1062
Dow Year End open from 10249, 10076, 9810 and 9837

Any breaks of wave 1 and i will probably close these positions

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