weekend ed (1)

September 26, 2026

Why I Shorted a Rising Nasdaq for 60 Handles

by Tony Rago

Hey Trader,

Thursday morning I shorted a rising Nasdaq that was climbing.

Quick orientation first. My levels repeat inside every 100-point block on the NQ, so a 26 sits 26 points above a round number I call the roundy.

I let price print the 33, then sold the 36 with three contracts. It dropped to my exit at the 16 for 20 handles a contract, or 60 on the trade.

Then I said out loud what half the room was probably thinking.

"Why did I short a market that's going up? Dude, what's wrong with you?"

I had no idea whether 10:30 would mark the high of the day. My exit was already on the chart before I clicked.

My rule fits in one sentence. I don't take a trade until I can see 20 points of room between my entry and my exit.

Here's how I put it to the room:

"I don't want to push the button until I can see a clear sight to my exit."

That one check explains the short that confused people. It also explains the entry I missed and the 88 I shorted twice.

Put this check in front of every order. You'll stop taking trades that never had room to pay you.

P.S. The levels I measured from on Thursday can plot themselves on your chart.

The Golden Setup System gives you Auto-Charting, a live read on whether the day is worth trading, and 90 days in my private room. Every membership comes with a 30-day, no-questions-asked guarantee.