Awwwwww yeah – just made a quick $170 for a nice 5% gain within a half hour. I know, I know, it’s only a small amount of money, but you gotta remember that I built my wealth one trade at a time with plays exactly like this so it’s a process. Even though I screwed up my entry and exit points (as usual), I only short sold 100 shares of this stock and there were plenty of share available to short, so this kind of trade bodes well for the future of TIM. Definitely gotta get my account over $25,000
ASAP so I don’t have to worry about that pesky Pattern Day Trading Rule that basically prohibit me from trading the same stock more than a couple times/week (no more than 4 round trips in any 5 day period to be exact)
I’ll have a detailed post of the trade after the market close.