Dec 7, 2011
TNA
Taking VST sell signal on RUT by shorting TNA at 45$ with a 3% stop. I got VST sell signal on /ES as well, so you can take short sell SPY. Remember the rules, follow discipline, have a concrete plan to stop out before taking the trade, scale out of profits. I will update on closure of the trade. GLTA!
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Closed 60% of the position at 43.82$, stop on the remaining position at 44.75$. Cannot ask for more than 3% in less than 1 hour.
ReplyDelete"They will take your money". That is the constant rant I hear from people who don't invest in the market.
ReplyDeleteI got stopped out of 40% of TNA at 44.75$. That was a quick trade resulting in 1.7% profit. Liquidity is being pumped into and then drained very very quickly. If you don't have stops and not alert, you will lose your money in minutes. Be careful out there.