Nasdaq Short Trade

Yesterday afternoon there was a pullback in the Nasdaq. We were able to get short and lock in profit. This morning the price is continuing lower, at least for the moment, and we are still short.

Dow Short Trade – 100 points in an hour

The trade was opened and shortly thereafter there was sharp selling. This allowed for a breakeven stop to be entered.

After a while I moved the stop loss lower and also had a take profit order in.

Then it was decided to move the stop loss to +100 points profit which is where the trade was closed out