TODAYS TRADES MGI SHORT

Welcome back everyone to THEFREEDOMGRIND.com. 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.

If you found this information useful let us know by hitting the LIKE and FOLLOW buttons found on the bottom of this article as well as the HOME page. You can also SHARE this article and website by hitting the SHARE button on the bottom of this article as well as the HOME page!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s