As predicted and posted here last Sunday of the meltdown in US and European Market, I shorted some US stock since last Monday and today, they give me an awesome profit.
I shorted Ocean Rig on 21/9/15 at $2.90. Today, its price is at $2.17. A massive profit of 25% in 5 days.
I also shorted Performant Financial on 22/9/15 at $2.68. Today, its price is at $2.35. Another BIG fat profit of 12% in 5 days.
All these stock alerts were posted here and as usual, they just move the very next day.
Although the current market has no direction and is volatile, with a good trading system, you can still make money consistently from it and your trading goes on.
Now, I have started to trade the US(Nasdaq, Nyse,Amex) and Malaysia(KLSE) market. Whenever, I spotted good trade set-up there, I will post it on their relevant blog so that you can profit from them as well.
The stock market has infinite wealth, let’s extract from it as much as possible!