The "I can't sleep trade" Shorting Junior Miners

Shorting juniors using long JDST. Trade will be invalid based on a daily close above the trend line.

Tips:
Don't use margin
Trade with what you can afford to lose
Expect extreme volatility
try to get some sleep ;)

Note

Soon....

Note

Putting in a stop loss to protect profits

Note

Taking 25% off the table at $65.50 - nice profit
75% position still with stop loss moved up to lock in profit

Trade closed: target reached

Decided to close trade - normally would allow stop loss to take me out but - will look to re enter later ;)

JDST Awesome profits ;) in a short time frame.

Note

Been day trading (scalping JDST) to catch some of this move. Fewer trades is always better, but GDX wasn't playing along so well nor was gold until after the US trading session today. But, some profits are better than no profits.

Trade well

psp

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psp