RE: SIMSCI 13-June-2006: Short trade closed
June 13, 2006 – 12:11 pm
I have closed my short position at break even point 273.1, SIMSCI failed to break 272.5 even though Nikkei was losing -300 points. After seeing Nikkei gained strength from -300 point loss, I have decided to exit before lunch break to prevent any gap up in the afternoon session. Gain +0.1
This decision might be wrong and miss out potential profit, however, safety is the priority. I am looking for another opportunity in the afternoon session.
From the desk of Tradergav.com
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