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Friday, November 9, 2012

20121109-2

GC
Open:
Long 2 @ 1738.5. Gold Rush, order was at 1738.1, 4 ticks slippage. Not so sure about this trade, gold has had 4 days of big range up days bouncing from a low, it's a little above 50% retracement of the whole move down. 

Close:
Sell 2 @ 1735.3. Stopped out, it went as high as 1739.4 in the same minute with 1500 volume and then turned back. Bottom tick too, would've gotten out with break-even otherwise. Next time, if small slippage, adjust the stop loss to where it should've be without the slippage. The decision to go through with the trade was probably a little bit because I missed so many Gold Rush trades in the last 4 days. 

2 contracts -$640 gross, -$653.88 net. 
For the day -$1102.5 gross, -$1156.82 net.


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