Wednesday, June 17, 2015

QM Update

With the surge of Crude Oil today, I exited my first contract at 61.15 and moved the stop of the 2nd contract to 60.275. With about $1 room, I thought it was pretty good. But then the inventory news came out and stopped me out. At the end, it worked out well as CL went as low as 58.9.

My T1 was $62, but with the inventory coming out, I decided to take a profit. The worst drawdown was about -$1300 and I was up as high as +$1200. My final P/Ls are:

$537.5 +$100 = $637.5 less commissions on this trade.

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