Even Steven

By -

It's 10:15 in the morning as I'm typing this (I have no idea when it'll be posted), but I thought I'd bring you up to date on my day so far….

+ My biggest stinker was a (small) long position on UNG; what a dog!

+ My biggest winner thus far was a medium-sized short position in SLV, which I covered about half hour after opening it. 

+ The Euro just can't seem to get off the mat. It's disappointing, because a strong Euro would make trading easy for a week or two, and it would be a great setup for a zillion short positions. As it is now, it's just a huge tug-of-war.

+ I am not in any big positions at all, but I choose my 27 best long ideas and my 27 best short ideas and entered those. I am thus neutral, inasmuch as the quantity and size of the positions is roughly the same, although I'm hoping the "best" nature of the shorts and longs might yield a profit irrespective of market direction.

+ I am counting the minutes until this quarter is over, because I feel hamstrung from a risk perspective until a new quarter starts.