Market was ripping today surging higher as if there is no tomorrow.
I was up by almost 1000$ for the day, turned it into 245$ profit.
What’s the lesson? Don’t try to short stocks when market is up by 200 points.
I will put up more details with chart as soon as I can log in to TWS.
Have a nice weekend.
RJ
2 responses so far ↓
1 Yngvai // Feb 7, 2009 at 1:15 am
Yeah tough to short on such a strong market day. Easier to just go with the flow
2 moby // Feb 8, 2009 at 2:45 pm
congrats Ramta, keep doing what you are doing, now that you are out of the confines of PDT, keep hacking and slashing your way to profit….that’s gotta to feel gooooood !
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