Plenty of time to short. Watching the first day down and thinking you have missed it costs a lot of traders. Better to enter the trade and have a level on the XJO that will dictate closing the trade whichever direction. At least thats what i do, Sometimes stopped out for a loss but its been a better strategy than thinking i missed it and doing nothing but watch. Shorting at 5500 was always going to be easier than at 5200
Friday, 1 May -- Sell in May and Go Away, page-47
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Last
8,264.3 |
Change
40.300(0.49%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,224.0 | 8,264.3 | 8,224.0 |
| XJO (ASX) Chart |