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Started By
Message
Posted on 5/13/14 at 3:06 pm to Iowa Golfer
LSUsetheforce:
Thanks. I owe you. I've always traded in and out of UNG options, but started following much more closely after reading your posts here.
I stand to make quite a lot of money off this trade, as painful as it was to feed and average down on. I just went short too early. Knowing this, and knowing your price and supply projections were accurate, I had one of two choices. Sit and do nothing, or go big, average down and keep the faith. I choose the latter, and I'm pretty grateful right now.
This is going to be a six digit hit for me.
Thanks. I owe you. I've always traded in and out of UNG options, but started following much more closely after reading your posts here.
I stand to make quite a lot of money off this trade, as painful as it was to feed and average down on. I just went short too early. Knowing this, and knowing your price and supply projections were accurate, I had one of two choices. Sit and do nothing, or go big, average down and keep the faith. I choose the latter, and I'm pretty grateful right now.
This is going to be a six digit hit for me.
Posted on 5/13/14 at 4:26 pm to Iowa Golfer
quote:
I'm up $11,000 as of today, and it hasn't even started to begin
Nice.
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