Thursday, July 28, 2016

OCBC - Shorting is The New Game

A student of mine just finished a decent swing trade on OCBC, shorting the stock on 18th July and covering his shorts today on 28th. The stock was definitely bearish on the day he shorted and that day was almost at the day high when he shorted. $1200 for a 2 weeks trade is considered not bad considering that he did not trade that big. Actually trading big/small is not that important as the most crucial thing is getting the direction right and getting the job done. Congrats!!

Ronald K - Market Psychologist - A Stock Market Opportunist