How I Realized Roughly $10,000 Last Week In A Bear Market
The market got slammed last week on a series of poor earnings reports and volatile economic data.
But despite the volatility last week I locked in about $10,000 profit on my portfolio, much of which came from short selling in the Bond Day Trades program – sign up now to start making money with Bond Day Trades.
All the trades alerted in real time to my clients, many of which banked big too.
Short selling isn’t anything new to Jason Bond Picks, let’s do a quick review before watching the webinar from last Thursday’s October 25, 2012.
Investopedia defines short selling as, “The selling of a security that the seller does not own, or any sale that is completed by the delivery of a security borrowed by the seller. Short sellers assume that they will be able to buy the stock at a lower amount than the price at which they sold short.”
Like I said, this isn’t anything new to Jason Bond Picks… on December 18, 2011 I did a detailed video on Fundamentals of Short Selling you can watch here.
And now for last Thursday’s webinar… which by the way was applied in chat on Friday and made me another $1,200 applying the exact same moves.
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“Sold that ZAGG option at $1.25 from $0.50 or 150%....one word....CHEDDAR!!!!!”