Since my last update, I have made just 1 trade.
- Short Rio Tinto (London), position size $220k, profit $600
Below is the screenshot of the trade taken just before position closure.
I initiated the trade as a play against iron ore, but didn’t feel very comfortable holding the position. I was concerned about a possible strong rebound today in the markets. So I just quickly closed the position as soon as I had a small profit. If the markets do rebound strongly later today, I may take up another round of short positions.