Wednesday, 5 May 2010

Short Treasury Position Stopped Out

Wow - what a bloodbath this morning. My short 30-year Treasury bond position was stopped out in the selloff. Good luck the rest of this crazy week.


In Debt We Trust said...

Good thing you stopped out. It could've been a lot worse today. But after the drop in yield today, might be time to re-open a short position.

jesuscheung said...

were you stopped out too on S&P on today's crazy crazy crash?

Alex Roslin said...

Hi guys,

Yes, I agree, In Debt... That would be my normal course of action to consider when I get stopped out - put on a trade in the opposite direction. I didn't have a chance to do that, but in other discretionary trades I went short Canadian financials and long VXZ.

The S&P 500 position wasn't stopped out because it had such a large profit up to that point. It gets stopped out only with a loss from the entry position as indicated on the signals table.

Best regards,