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AAPL kills my short.


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AAPL kills my short.

  #1 (permalink)
 esnq 
Montery Park CA
 
Experience: Beginner
Platform: TradeStation
Trading: NQ
Posts: 19 since Aug 2012
Thanks Given: 17
Thanks Received: 4

Today I learn something that I should not against the most heavy weight stock in NQ100...

I did short the NQ at 2769, and of course get kill by AAPL.

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  #3 (permalink)
 esnq 
Montery Park CA
 
Experience: Beginner
Platform: TradeStation
Trading: NQ
Posts: 19 since Aug 2012
Thanks Given: 17
Thanks Received: 4


Thanks to AAPL... NQ still can raise up 4.75 pts at the ends.

However, ES, MSFT, IBM, GOOG, INTC, ORCL... are all in red.

I'm on the short side, so I'm losing money...


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  #4 (permalink)
 Fourwedge 
Kansas City MO
 
Experience: Intermediate
Platform: Thinkorswim
Trading: Stocks
Posts: 34 since Oct 2012
Thanks Given: 262
Thanks Received: 18

That really sucks. Aapl hasn't killed many shorts lately. I've been short aapl since early oct when it hit its 20 day low at 660$ ...that trade worked all the way down to 570$. I feel for you...aapl just has such an influence on the Nasdaq.

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Last Updated on December 14, 2012


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