Seems to me that sellers are smarter than buyers as a general rule. All the pom pommers got pwned over and over. I like going long too but I notice when the market tanks it seems smarter folks emerge.
I trade more than 1 stock at a time, so I go long & short. I guess that makes me smarter than people that just go long and people that just go short!
Do you ever have a positive attitude? What a LOSER! No wonder you lose all the time. it takes a positive person to be successful. I bet you wake up in the morning dreaming of all the bad things that will happen to you each day and have wet dreams all night long thinking of your losses. Just because you can't do something doesnt mean others cant. Why dont you post a fact instead of yours or someone elses pathetic opinion based on your own defeat!
In emg's defense, there is one data point to support his claims. Someone went through the disclosed SEC documents for TUCO. What he found was close to the following. Something like 90% of their traders lost money. 7% were close to break even. 2% were making a living and 1% were killing it (like millions in pnl). What I would like to know is that the ones that made it, were pulling money from the markets and not by charging commision overrides on the other traders.
++++1 The market is completely random, in long term you will loss for sure. This will be your best advice that you can get so far.