Episode 20 - Gil Morales on Shorting the Markets
Gil Morales is a prolific trading author and educator with over 30 years of experience in the markets. His style is very no-nonsense and based...
1 min read
John McDowell
:
Dec 22, 2021 10:46:13 AM
Last Updated: June 7, 2022
As Lead Content Strategist, John diligently searches for ways to connect with day traders and provides training and education to those in this space.
Wow. This is one of the most heartbreaking, yet encouraging SimCast’s we’ve done. In this episode, Alex Salfetnikov gives us full disclosure on the biggest loss of his career, plus takes us through the trades and the misfortune of that day. But, the best part is how he’s slowly made his way back.
Alex is a young, successful trader who suffered a debilitating blow-up on November 6, 2020. After reaching the half a million mark in his account (from only $5k), he suffered a nasty after-hours squeeze while holding overnight shorts. He shares with us his lessons on risk management and strategy, and how he bounced back.
You don’t want to miss this story, as it gives a great picture of what it’s like to go all-in and grow your account, only to have a huge setback. But the cool part of this story is the resilience, as Alex shares his determination to bounce back, and the discipline and techniques he’s used to do just that!
Be sure to reach out to Alex on Twitter: @alexsalfetnikov
Alex is always sharing great trade recaps. Also, he has his own trading room, if you’re interested in learning more about his style!
Gil Morales is a prolific trading author and educator with over 30 years of experience in the markets. His style is very no-nonsense and based...
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Mas is a day trader from Germany who loves to trade overextended gappers very early in the morning. Starting out almost a decade ago, it...