huynguyen5's SDOW Trade +$130.08
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Trade Detail
Trade Details
Portfolios:
Fidelity ROTH IRA
Patterns:
Sell all
Performance Metrics
| Entry CPU | Exit CPU | Fees | Max Amount | Max Cost | P&L % | P&L $ |
|---|---|---|---|---|---|---|
| -26.02 | 0.00 | $0.00 | 5.0 | $-130.08 | 0.00% | $130.08 |
Transactions
1 entries| Date | Side | Amount | Price | Commission | Reg Fee |
|---|---|---|---|---|---|
| Apr 10, 2023 20:59:15 | Entry | 5.0 | $-26.02 | $0.00 | $0.00 |
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04/10/2023 sell all SDOW (ProShares UltraPro Short Dow30) $26.015/share 5 shares $130.07
SDOW is an ETF, or Exchange-Traded Fund, that seeks daily investment results that correspond to 3x the inverse of the daily performance of the Dow Jones Industrial Average. In other words, if the Dow Jones Industrial Average goes up by 1%, SDOW will go down by 3%. If I hold SDOW long term it has the decay.