Achim Graff
Last week we successfully closed out a $NATGAS trade with a solid gain of +9.93%. In addition, we now have a very special milestone to share: one of our positions has officially reached its 1-year anniversary and i find the refund/fee interresting. Technically, the anniversary fell on the weekend, but since markets were closed and the contract rollovers had already been applied, we considered the first trading day after the weekend as the fair comparison point. This trade originally started with a capital allocation of $100 and x10 leverage. We later allowed a wider stop-loss, adding it to 4$ to give the position more breathing room. Over the course of one year, this trade generated $329.74 in net rollover returns (refunds minus fees). That means the rollover component alone produced an impressive +329.74% return in 12 months. At the same time, the current mark-to-market value of the position is –$184.21. However, when we combine both the unrealized position result and the accumulated rollover returns, the net performance after one year stands at +145.53%. In other words, despite the market value of the position being in negative territory, the steady rollover refunds more than offset the drawdown, allowing the trade to finish its first year with a truly remarkable triple-digit gain. Which is really interresting to see thats natgas shorts produce way more refunds then fees in a year. $BTC is today little bit down but still holding above the 110.000$. All in all is crypto falling today with $ETH also down -6,5% and $FET even over 7% down.
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