tag:blogger.com,1999:blog-1325562478910773152.post810930613808554623..comments2023-10-05T07:58:27.997-04:00Comments on OONR7: GG, FXI - ShortUnknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1325562478910773152.post-88347495935035739352007-11-13T08:47:00.000-05:002007-11-13T08:47:00.000-05:00Okay, gotcha. thought you were long on the trade,...Okay, gotcha. thought you were long on the trade, not sure. . I was thinking how in the heck can he add more if he is a sellstop order in?<BR/><BR/>ThanksJohn S.https://www.blogger.com/profile/14454610850956260794noreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-49151820560621968172007-11-13T04:42:00.000-05:002007-11-13T04:42:00.000-05:00bl: the stock symbol is FXP?? Thanks for the info....bl: the stock symbol is FXP?? Thanks for the info. Also, where do you live? I imagine somewhere not in the US since you reply around the time I'm awake in the morning :)OONR7https://www.blogger.com/profile/17622886234639917711noreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-74555507655817839812007-11-13T02:24:00.000-05:002007-11-13T02:24:00.000-05:00nr7,FYI Proshares has a 2x Ultra Short FXI etf cal...nr7,<BR/>FYI Proshares has a 2x Ultra Short FXI etf called FXP. If you had doubled down you would have been 4x. Vwery profitable!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-57663772753824092612007-11-13T02:00:00.000-05:002007-11-13T02:00:00.000-05:00john s: since I was already short in the position....john s: since I was already short in the position... I basically shorted or 'sold' my position again. When I'm short... I need to 'buy/cover' the shares.OONR7https://www.blogger.com/profile/17622886234639917711noreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-13060861857361228792007-11-12T23:00:00.000-05:002007-11-12T23:00:00.000-05:00Sorry, you confused me. If you placed a sell-stop ...Sorry, you confused me. If you placed a sell-stop order, how did you double your position??<BR/><BR/>Thanks, JohnJohn S.https://www.blogger.com/profile/14454610850956260794noreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-71699804413470675302007-11-12T17:04:00.000-05:002007-11-12T17:04:00.000-05:00I had that happen to me in DRYS on friday two time...I had that happen to me in DRYS on friday two times. Once on the buy side and once on the sell side. And DRYS is a whippy stock. So I had a few tense moments. Not fun. But much like your trade, I was fortunate as I cut losses in half by accidentally averaging down. and then Shorted while trying to cover by placing an order two times the necessary size. That too worked out as the cover spot was downside pivot and it led to a nice fall. However, I may have used all my luck credits for the year. BTW, nice trades.LPhttps://www.blogger.com/profile/11803548402479540869noreply@blogger.com