Trade Worries to Quick Short the Dow

Trade Worries to Quick Short the Dow

At the end of June we took an opportunity with current trade worries to quick short the Dow Jones.

This was a quick move, although not at first planned as we had hoped to stay in the trade longer to allow for the risk/reward ratio to get better.

The Dow along with other stock markets around the world become victim to fearful trading recently shown to be blighting the European market sessions.

In the markets the is still trade worries about Trump’s wording and planned tariffs against Chinese products, and it could be continued that both China and the US are not going to be resolving the trade issues any time soon, however never say never and these things can surprise us when we least expect.

We conducted some analysis and prepared to take a trade, although perhaps for a little longer, but decided a quick “scalp” as it turned out for £1,042.00 profit was good for the fund.

Trade Worries

(Our trading and image was done using an account with UK based broker IG)

*Please Note, Forex and other forms of trading carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose. We are NOT financial advisers and we do NOT offer financial advice. 


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