Get Your Money Back with a Red Hot “Revenge Trade”

by Greg Guenthner
Daily Reckoning

They say revenge is a dish best served cold.

But I’m not one to wait around when the market gives me a clear signal on a trade. Today, the market’s giving us a shot at getting our money back (and then some) on a trade that quickly went sour just a few months ago.

Here’s how it happened…

You no doubt remember the kneejerk Brexit reactions back in late June courtesy of emotion-fueled investors. Jittery traders gave the major averages a flush that triggered a couple of sells in our trading portfolio.

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