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Ainsworth Lumber Co Ltd ANSBF



GREY:ANSBF - Post by User

Comment by louelon May 14, 2013 1:46pm
225 Views
Post# 21390485

RE: RE: RE: ainsworth earnings are out....

RE: RE: RE: ainsworth earnings are out....

When you trade Technical it is never on a long time frame.  As is said you have to be nimble.  Even though it went down today, the difference of where I got in and got back out still left a profit on the shy side of four hundred dollars.   It does not matter whether the price rises or falls as long as it moves there is money to be made.  With a Margin acct. when you know it is going down you go short, place a ratcheting buy to cover.  Once the cover has you in profit let it take you out. The same as you would going long.  It is not difficult.  

 

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