I got a notification that DAX was down my more than 1.3% this afternoon, and I checked the markets. Dow Jones was just minor points down, while Nasdaq and S&P 500 were down by multiple points. Even though bank stocks gained a lot, as explained here by Marketwatch, I thought that Dow Jones would continue further down. I entered a short position at 21436, stop loss at 21481 and a take profit at 21328. I didn’t believe it would hit that target as fast as it did.
I made $19 000 by spending less than five minutes today. I started with 100 000 NOK a few days ago (approx. $12 000), and I made $10 000 on buying gold as I wrote about earlier, and now I got 343 787 NOK on my trading account at IG.com, a whopping $41 000. I’m almost up by 400% in less than four days.
Again, this is margin trading and very risky. You should only use money you know you can lose with ease, and detach your human emotions from each trade.
I know what I’m going to invest in for my 33% investment I do each month. I’m looking forward to let you know what it is next week! I think it could be a killer..