Warrior Trading Blog

100% Intraday Winner on $BSI

WOW what a move.  I took a speculative 500 share position on $BSI after it was halted and reopened.  This is what I mean by looking for small base hits.  Sometimes you find yourself with an unexpected home run!  We had students in the trading simulator lock up monster wins.  Some of the students who got big wins took big risk.  I only took 500 shares because I knew the level of risk was extremely high.  It’s important to remember risk management because if you had taken 5k-10k shares and this went the other way, it could have been a disaster.