The Nasdaq fell 2.22% on Tuesday after falling 2.26% on Wednesday. After two days of sharp losses, most stocks followed suit.
Are your stocks stuck?
How did you deal with the market drop?
Tell me about my coping method (pictured):
Tuesday
I shorted 100 shares of TSLA stock at $1132 and closed at $1104 for a profit of 28K.
Wednesday
I shorted 120 TSLA shares at $1075 and closed at $1042 for a profit of 39K.
I take an index-following approach, being bullish when the index goes up and bearish when it goes down.
Some may disagree with my approach, but I think everyone has their own way of thinking and trading. No matter what method you use, as long as you can make money, avoid losses. This is the way to go.
What do you think about this?
If you have a better way, I hope you can put forward different opinions, thank you.
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