As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ?look over? John Thomas? shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen.
Trade Alert - (VXX)
Sell the iPath S&P 500 VIX Short Term Futures ETN (VXX) at? $37.80 or best
Closing Trade
5-12-2014
Portfolio weighting: take 20% down to zero
Number of Contracts = 484 shares
Here are the specific trades you need to execute this position:
Sell 484 shares at ????.$37.80
Net Proceeds:????????????....?..?......$18,295.20
(484 shares X $37.80) = $18,295.20
Loss: $41.28 - $37.80 = -$3.48
(484 shares X $3.48) = -$1,684.32, or -1.68% for the notional $100,000 portfolio
