Are you calculating percentages correctly? Should we not be dividing 0.832-0.75 by 0.75 instead of 0.832? If you buy a stock at 0.75 and sold at 0.832 your gain would be the difference divided by the purchase price, or 0.082/0.75=10.93% instead of 9.86%
$625 Profit
TGROShort Stock
Entry comments: Shorted some of this pump which I TOTALLY bungled this morning, reserving shares to short all day with my high net worth broker, now 10 cents/share off its lows, I still think it can drop a ton later today or tomorrow, goal is to cover in the low .60s
Exit comments: Nice no risk $700 after fees profits, much easier than CNTO
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Date | Price | |
---|---|---|
Entry | 1/5/2014 | 0.832 |
Exit | 1/5/2014 | 0.75 |
- Total Views1,353
- Position Size10,000
- Percentage9.86%
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