Welcome back everyone to THEFREEDOMGRIND blog, all about stock trading and day trading!!! Todays trades where very few! I made two trades on QHC both of which were small short positions! I missed the morning session, and so, was unable to catch any of the long side momentum out of the gate. Once I got to the computer I noticed a couple of low float stocks on the scanner, one of which happened to be QHC.

This was a textbook trade! The first position was a 300 share short at $1.79 cents with a stop at $1.82. I added 100 more shares at the tip of that pullback for an overall position of 400 shares. I was able to cover my position around $.1.66 cents. This gave me an overall trading profit of over $.10 cents per share

The only issue I had with this trade was that I tried originally to short 1500 shares and due to the margin requirement by my broker (Capital Markets Elite Group) I was only able to short 400 shares. Nonetheless this was a textbook short and am happy to report the small profit I earned! My total profit from this trade was about $46 dollars added to the small account!

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Published by Eric Jobb

Hello everyone, my name is Eric and I am the founder of TheFreedomGrind. I love to trade stocks and futures, It's my passion, and I will never go back. I have taken time, money, and energy learning the market. There is no secret trick, no gimmick that will get you closer to being profitable. It will take time, money, and energy to make gains as a day trader. I created the blog and the YouTube channel to provide as much useful information about trading to anyone who has the desire to become a trader.

One thought on “TODAYS TRADES : QHC SHORT +$46 DOLLARS!!

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