The anatomy of a short sale (12% gain on a 3-day hold of $SOXS)

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As technical swing traders whose trading strategy is based on following the dominant trend of the market, we are not bothered when the stock market shifts direction to the downside because our proven market timing model continually keeps us trading on the right side of the market (or out of the market altogether at times). Last week, as the main stock market indexes fell sharply, we profited from several short and inverse ETF trades. In this article, we provide you with an educational walk-through and technical anatomy of one of last week’s successful swing trades in which we netted a 12% gain on a 3-day hold of $SOXS in The Wagner Daily newsletter…

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Deron Wagner

Deron Wagner is a professional trader, author of several ETF trading books, and the Founder of Morpheus Trading Group. Since 2002, he has been sharing his proven swing trading strategy with thousands of traders around the world. He has appeared on CNBC, ABC, and Yahoo! Finance Vision television networks, and is a frequent guest speaker at various global investing conferences.

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