($2) Loss
CELGShort Stock
PS23

Sort of a silly trade, more for education rather than anything else. This was my first attempt at a short. Also it was sort of an experiment of shorting overnight. I had heard/thought maybe there was some interest incurred for holding a short position overnight (false) and also want to familiarize myself with the process. So, I took a small position on this slow mover, with the idea that I knew it wouldn't spike on me over the weekend. Paid 1.78 to learn a little bit, and I am okay with that.

1
000

Broker:ETrade
DatePrice
Entry10/20/2017122.5001
Exit10/23/2017122.72
  • Total Views166
  • Position Size8
  • Percentage-0.18%

Charts

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kdizzle
kdizzleOct 23, 17 7:25 PM

Personally I do medium sized shorts even when really confident vs. throwing an entire stack long at something. Remember you can loose more than your initial investment on shorts and carry on.

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