Welcome back everyone to Todays trades went very well after a pretty boring open. MGI had taken off significantly in the pre market session giving me hope that we would see a continuation to the upside at the bell. Instead I watched the first candle fall hard to the downside, and I thought my trading day was over. What saved todays trading is that MGI shares were Easy To Borrow!

In the image above you can see the entry I took on this stock selling 2000 shares short at $3.48 cents. This trade, unlike my usual day trades, I held throughout most of the morning. In previous trading session I noticed that I was missing out on a ton of profit by selling my short position way too early and decided to watch this one for a while. It payed off. I sold my position at $2.82 cents earning a profit of $1320 dollars.

The image above shows the day trade with both my entry and my exit depicted.

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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.

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