Trade of the Day

Last night I jumped into a buy trade on the NASDAQ 100 after it took a dip, mainly dragged down by a drop in Tesla’s stock. It was a bit of a spur-of-the-moment move, and for a while, it wasn’t looking too clever — I was over £8 down at one point as the index continued to slide during the overnight session in the Asian markets.

But by around 6AM this morning, things started turning around. The NASDAQ rebounded slightly, pushing the trade into the green. I moved my stop loss up to lock it in and after factoring in the overnight swap fee, closed out the trade with a £4.81 profit.

Not life-changing, but not bad either for a trade placed on a whim. A nice reminder that even small wins help keep the momentum going.