March 14 Trade Re-Cap

We sold short 10,000 shares of EGY @ 3:51pm on 3/13/12 and carried this position until the open on 3/14/12. We hold overnight positions for our portfolio ONLY if the trade fits our "Controlled Bounce" strategy.

With a capital exposure of $21,725.00 we grossed $22,100.00 or 102% internally for our portfolio on 3/14/2012. 

Click Image To Enlarge

Pantheon Traders incorporates a short-term trading strategy we coined the “Controlled Bounce”. This strategy is implemented by executing trades in stocks that have seen a market anomaly in their share price. We have found that historically a 25-30% next day reversal is more often than not the norm on a stock that has been the recipient of either a positive or negative percentage change of more than 11% intra-day. In order for this reversal to be confirmed to trade, the individual issue’s volume must exceed 2(x) average trading volume prior to the market close with a stochastic crossover above 20.00. For this trade, we implemented a leverage ratio of 4:1.