Friday, January 05, 2007

Performance Update

TICKER MCU XNL MAMA APPA ALTH TBV
Long/Short Long Short Short Long Long Long
ENTRY PRICE 1.38 2.33 7 1.2 5.85 4.4
CLOSING PRICE 1.19 2.24 5.4 1.37 6 4.52
GAIN/LOSS -0.19 0.09 1.6 0.17 0.15 0.12
GAIN/LOSS ( % ) -13.8% 3.9% 22.9% 14.2% 2.6% 2.7%
Stop Loss 1.1 2.45 5.40 1.20 2.05 4.40
Remark

Closed


2 comments:

The Pickster said...

Im a little confused as to your performance updates. For XNL your have the entry price at 2.33 the current price at 2.24, with a 2.9% increase/decrease and the cut loss point at 2.45!

Surely the % should be negative and howcome the cut loss point is higher than the entry point?

Could you explain this?

Jimmy Chow said...

This is a short trade not long trade.
You profit when your entry price higher than current price.