Many still believe 1070 will never hold. Oh man. 2 years of sodomy, mentally and in the wallet. :eek:
i have shorted many times -but also state a ratio plan of add on that works quite well on my p/b trades - is playing a p/b a short trade?
cant wait till this bull run is over...it's funny when people who's been around less than half a year boast about such a dumb strategy. u wont last 5 years.
I'm starting to hear alot of non-trading folk talking about day trading and seeing the topic appear on non-trading internet sites. Dejavu. Short as a swing or position trade is fighting the powers-to-be and proven unwise in most situations. Just because it "should" doesn't mean it has to. As has been painfully proven to me more than once.
Shorting in a steadily rising market may not be the most efficient way to try and make money, but pick your points carefully and it can work. Probably a hell of alot easier than playing longs when the market finally starts to roll over.
Looks like they were waiting for you....too bad...happened to me more often than I care to remember... NiN
...and from today's edition of Where are they now?: Although he might just get lucky if I am right about this rally stopping below 1340 SPX...