Another Round Of Profit From Shorting
Last thursday evening, during the stock course preview, I showed the audience the stock call posted on the sniper trader blog.
Today, I just exited my short on Silverlake and is still holding on to Hyflux.
Some asked me how I manage to hold my positions for a few days to a few weeks.
The trick is to trade a small and comfortable amount for each trade. As a sniper trader, when we are right, we ride the big move in the market. If we are wrong, we cut a small loss. We don’t need to trade big because the sniper signal will catch big move in the market to generate our big profit. Over a period of many trades, our profit will just pile up.