Thursday, October 13, 2016

Venture - Shorted and Covered, Intraday

Another job done. Shorted Venture at 9.37 and covered at 9.27 with a small $1400 intraday profits. The whole market is collapsing and the blue chips are selling like hot cakes. Pick a blue chip that is weak and short, the big sellers would most probably join you and cause more declining price to come. I am wary of shorting now because the market hit some demand zone and I cautious of any rebound in the short term. I will share more in my workshop next Tuesday.

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Ronald K - Market Psychologist - A Stock Market Opportunist