Friday, March 16, 2018

DBS - Shorting with Profits

The above is not my trade record. It's my student's who shorted DBS with just a small 1.5 lots and made $975 in just 2-3 days. Shorted at a peak price of 29.01 and covered the shorts at 28.36 which is very good with almost 70 cents profits. I studied the chart, there was some ws at the top and the stoc suffered more profit taking near top before it collapsed these past 2 days. In fact, I had wrote about the weakness in DBS on my blog post yesterday at the below link.

Good job in taking actions and getting the good short based on my morning outlook in the private forum. With just 1.5 lots and made $975 within 2-3 days, it's definitely some good $. See you soon!

Ronald K - Market Psychologist - A Stock Market Opportunist