GOL Airlines About To Nose Dive Short

NYSE:GOL1W

Description

⋅ Jul 19, 2021 2:08 AM

A break below key area would be a simple short setup.

As mentioned back on May 2nd 2021 warning of airlines stocks.

Trade closed: target reached

⋅ Feb 13, 2023 3:26 PM

I am closing out this position after a year and a half plus. No meat left on that bone.

Comments

Linktind

⋅ Feb 13, 2023 4:38 PM

@RealMacro Congrats on a great analysis and profitable trade! may I ask you how do you short a stock? options?

RealMacro

⋅ Feb 13, 2023 5:29 PM

@Linktind, Hello, thank you for your kind words.

No I do not use options. I don't like them. It does not fit my style of set it and forget it style.

Linktind

⋅ Feb 13, 2023 6:51 PM

@RealMacro, I see. Most brokers do not allow retail traders to short a stock. That is why I asked that question.

RealMacro

⋅ Feb 13, 2023 6:57 PM

@Linktind, I see. I trade internationally not in the US. So I am not up to speed on US rules. I found the US too restricted and unfair to guys like me.

Having said that I think most traders out there should not be shorting. Only the best of the best can short and even then most over time are unsuccessful.