$111 Profit
GOOSShort Stock
emyeele

GOOS was over extended at premarket. I added to my position. I speculated it would go down to the 54s at open. But out of fear it may bounce back, I got out early.

2
000

DatePrice
Entry6/16/201857.71
Exit6/16/201856.60
  • Total Views226
  • Position Size100
  • Percentage1.92%
Proof
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Menzz79
1
Menzz79Jun 17, 18 7:23 AM

Hi Emyeele, how become profit if you entry $57.71 and exit $ 56.60 ? I’m new sorry to ask 😊

emyeele
emyeeleJun 17, 18 10:22 AM

It is called "shorting" stocks. You profit when u believe the stock price will go down. Therefore you borrow the stocks from your broker and sell them at a high price, then buying the stocks back when the price of the stock falls down enough, then u return them back to your broker- capturing the difference as a profit. Hope it makes sense!

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