Tuesday, 5 January 2016

Did you trade S&P500 (NYSE) with me for a $1675 profit in 6 days?


Wrote a post last week about a shorting opportunity for the S&P 500. I closed my position using a trailing stop. I will be monitoring it for a chance to go long before looking to short again. My overall sentiment towards the market is still very bearish.

I could have gotten a little more if my trailing stop did not get triggered, but I can't complain. The lesson I got out of this trade was to let the market work itself and perhaps use a trailing stop on a longer timeframe.

Congrats to all who followed the call!

As always, happy trading.

Cheers.