It does fall faster and with more violence but you have to have pin point accuracy, not the same when going long.
Do you have the data to support that? First things first. On what timeframe? Daily? Intraday only? And how is a move defined? I’m on the road now, but will take a look later tonight using my own database across various metrics to see if I can dig up some numbers.
lol. No data, just from my personal opinion looking at the market for 30 plus years. Before the FED backstopped the market, sell offs used to have some type of follow through. Now they get monster retracements/reversals. Making it so difficult to short. Pick any time frame. Please I enjoy your commentary and would like you to dig up some numbers. Thanks.
Major move upwards coming over the next several weeks according to Bollinger Band contraction on the daily chart and the fact that we are in an uptrend on weekly and monthly. As always, I protect myself so that losses are not too much if/when wrong.
Yes daily BB squezzy in the works, but the 240 isnt there yet, todays action is a flection of just that, maybe overnight will steel the move up we so desire today?
Let's be honest though----it's not picking direction that is the edge in trading----it's the management of risk that separates the most successful from all the others.
Yesterday to me indicated a bounce forthcoming but it turned out to be a damp squib, SPX down 0.2%. Nasdaq up so partly right 0.5%. Today EOD not looking too flash but I remain more bullish than bearish bias.
You're bounce was after the 100+ point short. You are reading the wrong journal her Mick. come over to where the money is made..