Wednesday, January 28, 2009

Long one unit at 867.00

2 comments:

Anonymous said...

What do you mean by this? Can you please explain. Did you buy at 867.00? What? I'm sorry. I am very new at this and just trying to learn.

Anonymous said...

Anon, Carl trades the S&P e-mini futures contract.

Long = bought
one unit = standard position size based on his risk parameters
867 = entry price