Short Selling Banned, End Of The World!

Ok, so they’ve gone and banned short selling, temporarily, and for financial stocks only. By the way some of the press has reacted, you’d think it was the end of the world!

I like to short, and it’s an annoyance than this perfectly acceptable practice (IMHO) has been suspended. But guess what? We can still make plenty of profit without going short.

I never normally trade Fridays, I like my long weekends. But because this week has been so packed with opportunity, and particularly because I wanted to prove a point about the short selling ban not being a problem, I traded today and recorded the results. Do you think I was able to make any money taking only long trades? Find out in the video:

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