A little trading recap from Short this mourning.
@Fox_Trot just became a fully transparent trader today!
Hey everyone, I'm back to posting on Profitly. I have an IB account that I can verify the trades. For all the haters that dont believe my trades and profits are real. Hate to break it to you...they are real.
A recap on my trade this mourning Entered trade as a Short in Pre market held for about 1 hour 47 minutes. Wasn't a normal day trade more of a swing due to market appearing to crash , but didn't hasn't moved down that much in a couple if days since 2011. Amazon AMZN, Shorted at 1362.00 a share , all signs of red across the board. 1min 5min, Daily, 1month 3month 6month and yearly. Fell from 1450 a share down to 1360s in the last day. 8k investment. Profiting in premarket 35_50 dollars with constant red candles ... As soon as market opened started showing downtrending a engulfing red. In a few minutes show signs of RED TO GREEN..... Mental stop was 20 cents a share loss of risk. It ended up being 47 cents a share loss. Because I was thinking it was going to crack . I covered it at 1409 a share for a loss of 235..... Green to Red pattern was right again just held to long plus was a chase stock already moved yesterday. Was right for letting go when I did continued to go up to a total of 1445 a share..... Should not have entered trade. Print up and file.
@markiko follow me on twitter as well if you like @turbobob129