Shared by
Frostman007_BOWS
Sim Day 6:
Mon, Apr 25, 2016
Total trades: 6
Total Shares: 10000
Stock: AMD (Tech)
Did my homework over the weekend. Put in 2 orders to short sell 5,000 shares each of AMD just before the open - saw the boards posting pre market trades between $4 and $3.91. I know this stock will go down over the next few days - back down to support at around $2- $2.50... so took a long short. By 10am I had made a good chunk of change buying to cover at $3.61. I'm in this to make money not hold stocks indefinitely... so I tapped out. Up $3k
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-04-25 09:25:00 | AMD | sell | $3.910 | short |
| 2016-04-25 22:01:00 | AMD | buy | $3.610 | 0 |
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