March 17, 2011 Trade Update

Finally, March is done and good riddance!

I closed both the March trades this morning and despite how poorly these trades were handled, we managed to come out at a decent profit.

The March 55 day trade made a $1150 profit on $13,259 capital for a 8.7% profit and the March Method 15 made a $1537 profit on $7827 capital for a 19.6% profit.

Since we were out of the March positions, I entered the April Method 15 today. The position is below:

And below is what the April 55 day trade looks like, if we happen to get a bounce to 810, this should be at its profit target.

That’s it for now, I’ll update as changes occur, happy trading!