Wednesday 10 June 2009

Trade Update: S&P 500 short - Never be afraid to take profit!

We closed out our short positions at 940 and 942 earlier today, the reason being that I suspect enduring market positivity may have some juice in it yet on the back of Friday's jump higher. Let's use this to our advantage and look to put our shorts on at a higher level - the fundaments of trading are rooted in risk to reward after all!

Happy Trading all!

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