Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Contrarian Update

|Includes: DIG, DUG, SPDR Gold Trust ETF (GLD), GLL, QID-OLD, QLD, SDS, SLV, SSO
My winter contrarian trading portfolio was posted at at the beginning of this weekFollowing the strategy outlined in that article a number of changes have occurred with this week's volatilityHere is the list:

Sold GLD 1/21 @ $107.99 & Bought GLL 1/21 @ $10.02

Sold SLV 1/20 @ 17.53 & Bought GLL 1/20 @ $9.90

Sold DIG 1/20 @ $36.10 & Bought DUG 1/20 @ $12.03

Sold SSO 1/21 @ $38.73 & Bought SDS 1/21 @ $34.36

Sold QLD 1/20 @ $58.62 & Bought QID 1/20 @ $18.98

The risk management rules for the new positions and the reversal strategies are specified in the articleThe strategy is designed not to lose much money on whipsaws but make major gains when larger moves (10% or more) occur.

Disclosure: Positions in stocks mentioned may be traded at any time.