Caught this short term swing nicely for 3.8.% and 5.8% profit over 58 and 31 days respectively.
Showing posts with label Sell Long Position. Show all posts
Showing posts with label Sell Long Position. Show all posts
September 28, 2017
October 28, 2010
Closed AGNC Long Trade at $27.65 2% profit in 8 days
This trade went very much as planned with the entry point catching the bounce off the lower bollinger band after the post dividend sell-off. I had a tight trailng stop from the second day when this trade went profitable. The EMA8 getting close to the EMA20 last week could have been another profitable entry point because of the increased earnings, but wasn't in my trading plan to do this.
My next planned entry point is after the next dividend announcement. I'm also contemplating putting AGNC back in my income portfolio just for the dividend, instead of trading it back and forth.
My next planned entry point is after the next dividend announcement. I'm also contemplating putting AGNC back in my income portfolio just for the dividend, instead of trading it back and forth.
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