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Covered RUT 52WKHI shorts


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#1 viccarter

viccarter

    TRIN_Rida

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Posted 31 October 2011 - 08:40 AM

Posted here last Thu how I like to track these +3/-3 deviations on BB for RUT 52WKHI's. I moved out of the shorts this morning since I had hit my PT of 2.5% (around 19 handles using Russell Futures) since moving into the position Fri. Signal was triggered Thurs EOD. Since these trades are counter trend I don't get cute with trying to hold on too long. Sometimes you will get the 2.5% the first day or 2 after you get in, other times you might have to wait up to 5-6 days with close to 2% drawdown, but most always you will get that 2.5% within the 5th or 6th trading day since I have been tracking the data.



RUT 52WK HI