Thursday 18 July 2019

Dow Jones - Shorting with $452 Profits



Extremely good profits from a student who shorted 2 contracts in the Dow Jones and made $452.68. Why did I say good? Because the lot size is small and the profits was huge. It's almost a -150 points swing down from the peak where my student started to do short covering and took his profits. The 5 minute chart of the Dow Jones hit a very heavy ceiling where sellers were really emerging. The market fell while there wasn't any signs of strong buying. By using the 2 horizontal lines, it was enough to predict the future of the trend. Congrats on your shorts!

Ronald K - A Game Changer