Well leave it to Europe to mess with our bull rally once again. No biggie for us however because if it becomes a sustained fall we can go short with our Interactive Brokers accounts.
Locked in $5,300 on QPSA and lost $300 on GLUU. Today I’ll be down about $1,000 right out of the gate on CWTR but I’m not the type to panic sell, especially when I swing trade. You know my alert was only 1/3 my position and you know I think we have good support at $.90. So I stick to my plan and I trade the trade. If the market really looks horrible or gets worse this afternoon showing no signs of bouncing, we’ll then maybe I’ll cut my loss. Early on though, I won’t be a seller.
Be sure to watch my video I did on QPSA and CWTR because knowing how I think will help you make informed decisions about your trades. Free class tonight and our premium class is Thursday in the Jason Bond chat room – details to follow.