Since I promised the trade would be tracked in real-time, here is a quick follow-up on the trade (hint: It’s boring, but winning).
Dr. Jack Loftis
November 16, 2017
Doubled down on EDC per our strategy yesterday.
Today, we are celebrating a +4% profit on a two-day trade, to which I had committed fully 10% of my total account.
By today’s close, we will be locking in profits on $EDC (leveraged version of $EEM).
We also will lock in a handy-dandy gain of approx. +30% on the equivalent $EEM call options trade.
The daily chart of $EEM below shows the big jump today:
If you’re a current subscriber, check out how our other current trades in $FAS, $XIV, etc. are also doing today.
In my next guest blog post, I will do a more detailed walk-through of this winning ETF trade.
Keeping it “boring” but winning,
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View Comments
Thanks Deron and Dr. Jack. I tweaked this trade slightly from Dr. Jack's entry/exit and bought the full amount of the 3x EDC on 11/15 @ $110.89. Since I thought it had more room to run, I only sold half on 11/17 @ 120.51 for about an 8.5% gain. I'm currently up over 14% on the remainder. Signed up for the trial.
Hey there @RedTalon,
That's awesome! Congrats on the trade and enjoy your trial subscription.