This is a sample entry from Brian Cullen’s email newsletter, The Cullen Outlook, published on September 11, 2013.
SELLING at 25.60 (day order) …last trade 25.55
- Risk will be the 26.10 level …($500.00)
- OBJ will be the 24.60 level …$1,000.00
(I highlight the 23.60 level as well for those looking for a longer term outlook)
Initial margin for this contract is $935.00
Have a look:
It may not be possible to limit losses to the exact loss limit depending upon market conditions and the possibility of limit moves.
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