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Thursday, July 12, 2007

ANF

I think it's interesting to share every now and then a trade that played out well. This morning there was a large profit on an extreme-os trade, which was entered two days ago (69.68) and closed this morning (74.10) for a 6.3% profit:



Extreme-os is supposedly based on a mean-reversion strategy and usually holds stocks for 1-2 days. It has happened quite often that they gap up the next day and the system locks in a very decent profit. But when it doesn't recover the losses can be substantial as these stocks are often in a downward trend at the time they were picked.

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