There is nothing more frustrating than seeing a stock technical chart set-up that would make a profitable short trade, but then, when you go to short it, you are not able. Frustrating!

This is a live stock trading video showing how I originally planned on going long in Plug Power Inc. (PLUG); however, due to the action on the chart, I did nothing. I wanted to short the stock, but there were not any shares available from my broker, so I was left not being able to do anything. Watch this to see how you could have made money going short.

Key Points

• Trust the chart. No matter what you “want to do” (I initially wanted to go long), if the chart is telling you something else, listen to it, the stock chart is your boss.
• Be willing to trade like a politician and change your thought process in an instant. In this example, I started wanting to go long, but the minute I saw the chart was telling me that would be stupid, I changed my whole thought process to wanting to go short (I just was unable to).
• Add shorting into your portfolio of strategies as a trader. If you do not short, you are limiting yourself to being able to profit from only one side of the market! Click HERE for an expansive course that will teach you how to short profitably while controlling your risk.

Read trader testimonials HERE about the private trading team. Click HERE to learn how valuable a live stock trading chat room can be for your success as a trader.

ClayTrader.com is not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. Investing/trading in financial securities is highly speculative and carries an extremely high degree of risk.

Compensation Disclosure: ClayTrader.com has NOT been compensated for this video in any form and does not own any shares (long or short).