Closing 2 Trades (CTRP, VCLK, AAPL, NILE)

By: IS
Date posted: 06.22.2011 (6:20 pm) | Write a Comment (1 Comment)

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Good afternoon! Trades are certainly being closed out more quickly these days and I won’t be complaining about it, you can count on that! Tomorrow morning, we’ll be closing out 2 trades that both reached their limits. It’s not great news but there is one good and one bad trade in there so I can’t complain. Fortunately, this means that I will be opening 2 new trades in the near future which is great news! Our annualized return so far this year is: +75,26%

First Trade: Long CTrip (CTRP) and Short Valueclick (VCLK) -20,25%

Second Trade: Long Apple (AAPL) and Short Blue Nile (NILE) +20,05%

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[...] weeks ago we were able to close out a trade and I had not seen any great opportunities but today I’m ready to get going again as I hope [...]