Selling GDX @ $35.13
Realized loss of $0.52 (-1.46%)
I'm throwing out my GDX position today. It was a push of a trade that was somewhat ill-timed - but gave me equity exposure at a time when I couldn't find anything worth buying. With gold up almost 1% today, GDX is up ~5%. I'll take the gift and bail.
I want to reduce gross exposure, and this is a way to get out of a low conviction trade at a slight loss - after holding it through a sharp decline.
Realized loss of $0.52 (-1.46%)
I'm throwing out my GDX position today. It was a push of a trade that was somewhat ill-timed - but gave me equity exposure at a time when I couldn't find anything worth buying. With gold up almost 1% today, GDX is up ~5%. I'll take the gift and bail.
I want to reduce gross exposure, and this is a way to get out of a low conviction trade at a slight loss - after holding it through a sharp decline.
Comments
Post a Comment