Trading in crashing markets

when a market crashes 3-4% there is usually some sort of bounce back within the next day or two. A good way to make a quick 10-20% or get into a great swing position is to do the following:

When you see the markets setting up for turmoil, put in an order that’s 20% or something ridiculous below the current price and see if it hits. If it does, you just got yourself a great deal.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s