Many stops triggered, but short EEM working

I’ve written a few times in my journal that a good way to mitigate risk is to hedge long positions by shorting the weakest markets. A few of my stop loss orders were triggered during this down turn and made me book losses. But I have been short the Emerging markets via the EUM ETF which allows me to capture profits as the market goes down. It reached my initial target Friday of $38.30 and it looks like it may continue lower. Next target is $36.26.

About Stock Trade Journal

The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders. This blog is also a way to share my experiences and observations in the market.
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