I have actually backtested trend following and buying dips into a strong trend in the stock market on baskets of stocks.. and there is only a tiny slight edge as opposed to buying stocks in a strong uptrend. The most important factor that influences stocks that i tested was the broader market. --MIKE
I dont agree.. who says that its ideal? Can you quantify this.. or is it just something you read somewhere? Actually, what i realized in my experience.. is that when u fade strength many times you get a much better entry and risk to reward than when u wait for a downtrend or for the stock to roll over.
Why do you search my past posts? Why do I interest you so much? What more would you like to know of me? Why don't you use Google and get my REAL name? You would like that. GET A LIFE LOSER
#1) I was curious to see just how big a nutter you are. Turns out you're a real big nutter. #2) I have always been interested into just what makes a blithering idiot tick. #3) Which of your meds did you go off of without Dr. supervision? You seem very angry, losses piling up?
maybe we are almost there? apple is great but the stock has moved up rapidly. 80 could be an interesting target in the short term:
can't help to post here. i second that shorting a multiweek high is rarely a pro trade. higher trading cost plus natural stock drift PLUS momentum of a strong trend is too much. shorting is a tough art. looking for bancruptcy or strong uptrends is not a pro-strategy IMHO.
Yea whatever... steven cohen from SAC was shorting the Pokemon stock (KDE) when it was like 200+ ... i guess he is not a pro trader in your book. Read shwaggers stock market wizards book. --MIKE
Trendfader, you are doing the right thing and the more agressive posts you get that tell you you are an idiot to short a stock in an uptrend, the more you can be convinced that you are doing the right thing. Its not about hitting the exact top. It is about shorting a stock where the sentiment hits extreme settings and you can be sure that a correction will come below your entry price now, no matter if it begins here or at 80 dollar. AAPL is a nice short for the next 2 years. Good trade !