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Taking Profit From 7/1 Post- Letting Some Ride


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#1 MikeyG

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Posted 31 July 2022 - 09:30 PM

SPX 3800 area and Ether 1400 area. 

 

Been a nice run. Still have about 40% long.

 

Short a couple contracts of oil now, thing looks doggy. 


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#2 MikeyG

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Posted 31 July 2022 - 09:33 PM

Also still long TLT options (some longer term options). I have said a couple times I think we might have seen a generational top in yields. 


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#3 pdx5

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Posted 31 July 2022 - 09:39 PM

I have nice profit in my 25% long position, but not selling with short term cap gain tax rate.

If market has more corrections in fall, will be adding to longs. 1-3 years holding period.


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#4 MikeyG

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Posted 31 July 2022 - 09:49 PM

Yes, I only trade futures in my short-term account which saves quite a bit in taxes compared to other instruments. 


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#5 fib_1618

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Posted 31 July 2022 - 11:20 PM

SPX 3800 area and Ether 1400 area. 

 

Been a nice run. Still have about 40% long.

 

Short a couple contracts of oil now, thing looks doggy. 


Very nice…congratulations!!

 

Hope you’re feeling better!

 

Fib


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#6 MikeyG

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Posted 01 August 2022 - 06:51 AM

SPX 3800 area and Ether 1400 area. 
 
Been a nice run. Still have about 40% long.
 
Short a couple contracts of oil now, thing looks doggy. 


Very nicecongratulations!!
 
Hope youre feeling better!
 
Fib

Much better, TY!

mdgcapital@protonmail.com  

papilioinvest.com

@papilioinvest

 

"One soul is worth more than the whole world."