I ate shit on the bank short today, mostly due to a lousy entry point near the bottom of the recent range.  They bounced back strongly into the middle of the range -- good thing I'm not a day trader.  Everything else was pretty much a wash.

I'm going to add a position in forex:

• $25,000 short EUR / long USD -- current mark of 1.3975

This leaves me with $10,000 cash reserve.  Forex is a continuously traded market, so there is no real end-of-day mark on which to base my trades.  I'm just marking it to where it is right now.

Posted by: Hermit Dave at 04:52 PM | No Comments | Add Comment
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