In this video, Madaz is forced to take a loss on the short side of $YUMA after getting squeezed but is after to flip to the long side to recoup some of the losses. Madaz ended up finishing the day GREEN +$1,000 in profits, thanks to some disciplined trading.
Lessons definitely learned here from mistakes that were made such as not stopping out aggressively enough and not covering the stock on a dip that held well above prior resistance now acting as new support.
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Affiliate Disclosure: I know what you're thinking. Madaz, ya sneaky bastard, trying to sneak in some affiliate links. Any compensation I may receive from this will pay for big macs on days where the market isn't feeling so charitable. For a more complete version of this mumbo jumbo, please click here.