I think your in a shock mindset, it happens, and i dont think you can change your mind, it happened to me before, only thing i can say is use options for god sake to limit your losses, pay a little premium better than be naked short, assuming you arent doing that already
true that timing is everything but you dont have to catch exact minute it can be done a bit in advance if the position is inputted correctly/time wise
Absolutely stock to what you know but improve how you express it i used to use his style and fade big moves but was always wrong on timing even though 99% of the time the direction was right, and realized the key is having money to keep betting even if its same position over and over other wise when the move happens you might not be there
And just to confirm iam also short the market and shorting more and more slowly based on signals though not based on averaging down the cost but i will switch upwards shall Things change i believe few more days or weeks of scary drops are bound to come before we continue upwards, specially now that all these articles are coming out as always after the fact they come, they are the best indicators ever in my experience
Just don't use margin. Use options. And I was looking for some individual stocks for Max to use the options on. Edit.... OOps, I just read the subsequent posts. 100% right.
OP: you probably hear this already, the trend is your friend until it ends. it is still an uptrend since late march. why are you going against the uptrend?
So why do you "see" this monster short? What is suggesting to you that it's a monster short? Why do you "feel" like it's about to crack?
Where we at Max? You in short? ES is 2940. Don't let the overnight action stop ya out bud. Make no mistake, you're right.