Took the bit between my teeth yesterday, throwing caution to the wind and took a position around 5pm Perth time - 7pm est.
The position was 6611 long with a stop set at open of 6540.
I watched in dismay as the price dropped rather dramaticaly toward my stop.
But what made it all the more special {sounding a bit like Bruce McIvainy here} is that I went to bed, still feeling a bit off frankly down around $20,000 on the play, only to wake this morning {Saturday} to see me UP $22,600! with a closing price for the week of 6674.5
I think I went to bed expecting for my stop to be taken out and dropping about $35,000.
Nice surprise!
So still holding on the spot, {not mini} with 24 contracts.
Not as good as the other week when I woke to a $256,000 profit having put about $70,000 on the table, but better to be UP $22,600 rather than down $35,000 on the trade.
So yesterday, depending on the open price on Sunday night Perth time, was a about a $50,000 gain in all on the days trading.
Now I know past performence is no guarentee for future earnings but $50,000 a day = $250,000 a week x 52 weeks = 13 million!
Not counting my chickens mind you. Anything can happen and to be honest, I dont think we are going to see the same level of volotility through for another 12 months however this volotlity will continue for some time yet imo.
