Question about this... did you hold your 2,000 shares over that many days? Did you use leverage? If so what was the cost of the trader... I use suretrader too just curious.
Date | Price | |
---|---|---|
Entry | 7/2/2014 | 11.73 |
Exit | 7/7/2014 | 5.71 |
- Total Views2,589
- Position Size2,000
- Percentage51.32%
Way to go man!!! Really a great trade
@SHECOOPERATION yes I did hold my 2000 shares over that many days, yes ofcourse I used leverage because I believed in this trade and traded more then my account was worth... and what do you mean what was the cost of the trader?
Congratulations Shockingcel1! When did you start shorting stocks? I've never shorted, I'm a new Challenge Student and just wondering how long you've been shorting and if you learned it from Tim.
Curious question: If you use leverage. How much of the actual profit dollar ammount will be yours at the end of the day?
Its a superb trade. Congrats.
@shockingcel1 I think @Shecooperation means, how much were your total commissions for this trade. You held over a long weekend, so the interest and margin fees must have been expensive. Great trade btw!
I thought sure trader only allowed leverage for going long, not short ? You can 2.50 per dollar that you short so how is it possible to use leverage ?
WOW Very nicely done! Bravo!