Followup about the short
After my first ever short QQQQ, it went up 4~5%. I decided to stick to my original strategy. So I shorted another 200 shares of QQQQ.
After that, the market keeps going up. I am little bit worried.
Lessons learned:
- Short shares include dividend as well. That means if the stock gives dividend, then I have to cover that.
- A clear exit strategy is always required before opening any position.
If it goes down to my target(50.00), I will cover all my positions and complete this round.
We will see.
posted by youli98 @ 12:02 PM
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