psp

The "I can't sleep trade" Shorting Junior Miners

שורט
psp מעודכן   
AMEX:GDXJ   VanEck Junior Gold Miners ETF
Shorting juniors using long JDST. Trade will be invalid based on a daily close above the trend line.

Tips:
Don't use margin
Trade with what you can afford to lose
Expect extreme volatility
try to get some sleep ;)


הערה:
Soon....

הערה:
Putting in a stop loss to protect profits
הערה:
Taking 25% off the table at $65.50 - nice profit
75% position still with stop loss moved up to lock in profit
עסקה סגורה: היעד הושג:
Decided to close trade - normally would allow stop loss to take me out but - will look to re enter later ;)

JDST Awesome profits ;) in a short time frame.
הערה:

Been day trading (scalping JDST) to catch some of this move. Fewer trades is always better, but GDX wasn't playing along so well nor was gold until after the US trading session today. But, some profits are better than no profits.

Trade well
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