I was giving a talk last week where I shared how I made great profits and also shared what will I will trading so that everyone knows what to do should the market trended higher/lower. Short sell is a strategy to sell high buy low while long is a strategy to buy low sell high. I shared my game plan and again, I acted accordingly in the Dow Jones and made $$ out of it.
So I shorted the Dow Jones yesterday after my Tesla realized profits. The Dow trended higher but I already set a stop loss to protect my positions and hence I was confident that the market would sell lower since the Dow Jones was quite high. I shorted with speed and confidence and towards the end of day, the Dow suffered some selling and came down. At one point, I thought it was coming down lower and it would collapsed at least -100 points but it reversed up. As long as it didn't trigger my stop loss, I would hold on to the short sell position. Middle of night, everything changed and unrealized losses turned profits. Closed my positions and call it a day.
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Ron K - A Game Changer
