Can you actually be short on the market?

Discussion in 'Trading' started by OctopodeClub, Nov 9, 2016.

Through the end of the year, short or long?

  1. Short

  2. Long

  3. Take a vacation

Results are only viewable after voting.
  1. Handle123

    Handle123

    All I can do is allow my system to take the trades I programmed into it, as it has done well for over twenty years, I would be a fool to change it now and we have had Bush, Clinton, Bush and Obama. It is a system not based on trend for getting into Commodity markets, it is sort of based on masses being wrong and eventually they will be.
     
    #11     Nov 11, 2016
    OctopodeClub likes this.
  2. As a quick offshoot question (about your opinion, not necessarily about your algo), what do you think of Gold right now?

    Everyone and their mother seems to be dumping it right now due to a myriad of factors. Which is interesting, as even before the election, Gold seemed to be loosing its shine due to the FED factor. Discounted prices right now, or a bull trap perhaps?
     
    #12     Nov 11, 2016
  3. Handle123

    Handle123

    Been short Gold Sept 2011, Because my systems says I need to sell rallies, I have no other choice, so I sell rallies and hedge for if it doesn't work out, I need Gold to get down to 902 before I can even consider to start buying it again. At least with recent highs in July, August, September and other night, my first target of 25% of position is 100.00 in Gold, and I stay at Breakeven plus enough to cover fees, so except for rollovers, stops left for years. Big money made when you don't trail. Very boring method, but does well enough every year. Some years barely any profits and then year of huge profits, but if you not in the game......

    I try very hard NOT to have opinions, I am just very bad at opinions, I would be with the 95% who lose if I went in direction of what I think, LOL.
     
    #13     Nov 11, 2016
    OctopodeClub likes this.
  4. I think the Trump effect will actually turn out to be extremely bullish for the S&P 500 from now until Q1 next year. People underestimate how foreign confidence based on political factors effects stock markets. I think that the pre-election sell-off was based on the expectations of a Hillary victory. A high class white man in the white house might do wonders for financial stability.

    Shorting the NASDAQ near highs and above was a very reliable strategy for the past year. Now that Trump won I'm holding my breath for the top, it might be quite a bit above current levels. I presume there are still people out there anticipating a big corner like '95.
     
    #14     Nov 15, 2016
    OctopodeClub likes this.
  5. With futures contracts you can be short nearly any market in a very inexpensive manner, relative to the nominal value, whether it is a stock index, currency, U.S Treasury bond, or the appropriate commodity contract.
     
    #15     May 26, 2017
    murray t turtle likes this.
  6. %%
    Some retail stocks....... have been in a downtrending bear market for years.

    But i dont like trying to take brief counter trends shots in a strong uptrending bull markets like SPY, QQQ; it never paid enough for me. Thought we may have a May sell off, not much ,LOL
     
    #16     May 26, 2017