Investing Adventures

Tuesday, February 10, 2009

Stopped out of USO @ 26.97

Filed under: Index and ETFs, Portfolio Progress — Jorge @ 3:55 pm

Stopped out EOD at 26.97.  7% loss which was near my max pain threshold.  I like to close trades within the last 10 minutes of trading as it removes emotion from the trade.  Had USO hit $26, my emergency stop would have been hit, no questions asked.  I got half of the energy complex equation correct.  A shame crude didn’t rally to the same extent natural gas did the past couple of weeks.

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