Closing out IYT vs. QQQ pair trade
Sell IYT @ $279.94 - Realized gain of $0.01 (0.00%)
Cover QQQ @ $391.08 - Realized gain of $4.63 (1.17%)
Total trade gain of 1.17%
The bigger the trade, the quicker the hook. And making 1%+ in a day is good enough for me - especially when it was 20% of my gross capital.
I'm trying not to get sucked into day-trading, but volatile markets with unbalanced downside vs. upside risk need to be treated with caution.
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