7/26/19: TBT (Short Long Bond) Trade Notes
The bond trade was exited as shown at 29.37, when a new daily low was posted.
The gain was a slight positive 0.93%.
The trade did not perform as expected; so it's telling us to look elsewhere.
However, this trade did return 5.40 times the risk involved: With our hypothetical risk of $500, that equates to $2,700.00
The subsequent directionless volatility in bonds is not desired; so we’re not going to attempt re-entry at this point.