Could be but like I mentioned I dont think he's even allowed to short in that particular account. Not being able to short does reduce a day trader's options though. That doesn't seem to bother him though,I think he's made over 300k this month alone.
He doesn't trade just any regular small cap. He prefers stocks with floats less than 8 mil. The smaller the better. I'm sure there's not many shares available to short when floats are that small but obviously someone is getting those shares and he's hoping to be the lucky recipient when those short-sellers start getting squeezed. Even with huge volume and turnover he still needs those shorts to get squeezed.
Sooo, let's recapitulate. How is your balance doing after the FED triggered day traders all over the world? Now it is your opportunity to tell me that I am a loser, that I am venting, that this post is just a projection of my loses and all of that rubbish. I don't do day trading so I didnt get caught in the guillotine. I specifically get flat before big events like the one we just had. Simply because I know that those are the days that you fucking gamblers will panic and start over trading. The market would be a rational place without you fucking degenerates. If you look for a confirmation of what I am saying, I posted a thread looking for help to identify flat days. On that thread you might find ways to get out of you day trading routine. And I suggest that you read it and fix your fucking addiction. Now watch the SP500 go back to where it was in a month while you have been kicked out.
I think you picked a really bad example to try and prove your point. Many daytraders including myself don't trade "fed days" But in general, the game is the same. Daytraders trade with a predetermined stop loss, so if the stop gets hit on a day like today, it is just like any other stop loss getting hit. I don't think daytraders suffered today more than any other day. If I had to hazard a guess, it would be the buy the dip swing traders who got rekt.
I am a daytrader so I have no clue where the market will close today, let alone one month from now. If you have the ability to know where ES will be in one month, all props to you.
Meanwhile Cameron made over 76k today trading live in his chatroom,calling his entries and exits on PRFX,PBM,TPET,et al. The small float market is hot right now and he's taking advantage of that fact.