Tuesday 21 April 2020

Dow Jones - Trading My Outlook For Shorting























The market was devious last evening as it rebounded way high up first before crashing it down. I thought the crash would come faster than expected but it trended way higher first before the sell down happened. I shorted midway along the way and made some losses and as it trended higher, I cut my losses and found another entry for shorting again. In the end, I performed super scalping trade instead and made back the losses with profits. I know the market would tank lower as I already gave my outlook 1 hour ahead before the market starts to my group of traders and I was only looking to short more than long. Some of my traders traded JP Morgan and Micron using my outlook and made $ while most of us shorted the Dow Jones instead. I should have swing the position down instead of in/out which was so much more stress. Nevertheless, I finished the job and turned losses to profits with a huge surplus. I will do a better job next time.

Ron K - A Game Changer