Tuesday, September 23, 2008

Stopped out.

Not surprisingly, this trade pretty much sucked from the get-go. These markets are in just terrible condition. Spreads are abnormally high, and there are very strange gaps in liquidity. It is very unusual to see 7-8 pip gaps between ticks except during news releases. I suppose with every two-bit hack politician flapping their gums about how they are going to screw up the markets even worse, I can understand the lack of participation.

Current closed equity: $41.49
Current position: flat
Current exposure: 0

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