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.

Other areas such as semiconductors and the corn market (if the move to 15.00 transpires) have more profit potential at this time.