Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
8.70 |
|
|
| 8.10 |
|
|
Reason for Buy / Sell / Sell Short / Buy Back:
- I "saw" (can feel) the bull start to march in even though all indexes open at lowest point and very bearish.
- Intraday chart shows that price is touching the trend line.
- Daily chart shows a double bottom.
- Weekly chart also shows that it is kind of safe to get in here.
Lesson Learnt:
- You got to be fast to trade FAS and FAZ.
- I was tempted to get in when the price started to go above $9.00. However, I remember from other lesson that market is still bearish and I should be able to get with a lower price. Hence I put in a slightly lower setup.
- The last minute strong bull run was quite a surprise for me.
- This is the ONLY time when I have FAS and FAZ at the same time and both are earning $$>
No comments:
Post a Comment