My Trades Live - AAPL 12/17/08

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[InfinityTrader]

A short position is the sale of a borrowed security, commodity or currency with the expectation that the asset will fall in value.

For example, an investor who borrows shares of stock from a broker and sells them on the open market is said to have a short position in the stock. The investor must eventually return the borrowed stock by buying it back from the open market. If the stock falls in price, the investor buys it for less than he or she sold it, thus making a profit.

[talebi818]

it looks like you sold when it was free falling.

Am i slow or something

Buy Low

Sell High?

[InfinityTrader]

The amount of money I make on any trade is not important because it is not the same amount you could have made. The amount I made was about $1.30 x number of shares. AAPL trades about 38Mil shares a day which means you could trade a 10K position with no problem. The most important numbers on any trade (imo) are the initial risk and the points gained. That way I can figure out how much money I would have made based on the amount I risk on each trade. Hope this helps.

[elwalvador]

How much money did you make on this trade?