Monday, April 2, 2012

Sold NUGT @ $17.39



Earlier this morning I sold my entire position in Direxion's Gold Miners Bull 3X ETF at $17.39. I was fortunate to earn 8.2% on this one day trade.


My TSI Trading record has been updated.
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3 comments:

  1. waw4April 2, 2012 at 1:28 PM

    Can you share what is TSI_slope_Madness?

    ReplyDelete
  2. pimaCanyonApril 3, 2012 at 8:45 AM

    Awesome! congrats!

    Your timing looks great on the sell. What made you decide to sell now?

    ReplyDelete
  3. John TownsendApril 3, 2012 at 1:11 PM

    WAW - Slope Madness is an experiment. Several experiments in one indicator.
    At times I just have some features visible, other times I use different
    concoctions. Most have to do with assessing the slope change of the TSI
    as it rises and falls in relation to the behavior of price.

    pimaCanyon - I sold largely because another indicator (not shown) told me
    price was very unlikely to go much higher. Looks like I was off by about 20 cents
    and price now, a day later, is approaching $2.00 lower than yesterday's high.

    ReplyDelete

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