I agree with you. There's an inherent upward drift that makes shorting extraordinarily difficult. With that said, i bet i have more experience than. U. But sometimes it can be hugely profitable. But as we just experienced it can be damaging. surf
You quoting your hero Niederhoffer? You probably better off selling Puts like he did, than trading this failed strategy. At least he got 10 years of profits between each blowup.
Wait... you have not seen this level of bearishness since 2015 and you dumped your whopping 8 units of a short trade out in less than a day... So your imaginary system screams MAX BEARISH and you puss out just 1 day later haha. And people should buy your book because you know how to beat the machines.... Wow.....I used to at least respect your conviction to your position or signal but how sad that you caved in less than 24 hours after the BIGGEST MOST MASSIVE BEAR SIGNALS EVER SINCE 2015... How can you accept that you turned your back on your own principles so quickly... Wow.....is it that easy to lose your integrity.
GTFO, 45 minutes after market closed, OP has a miraculous exit positive, when the market closed with him 7 pts underwater on 8 "units" ? When market was moving in his favor he and his sockpuppet were lightening quick to mention it, but his exit? Magic... Does it get any more shady? Unbelievable.... What a fraud...
surf man, after posting max bearish and then this now...thought it was not possible but i think you outdid yourself sinking to new lows.
In honor of my good man Sellindexvol66 posting here I will say this ..... At least Ms didn't cover his March Ym using June ym which is 60 ticks lower than mar price. That has been a favorite trade of his in the past.
It's pretty sad to see the turn this forum has taken. It's become a publicity stunt in search of page views and clicks, content be damned. The fact that surf was allowed back in to do the same old propaganda speaks volumes. Baron, I am offering twice the vendor badge fee for a year if you will ban this fraud and restore some order. Feel free to email me as my pm box is turned off.
New lows? Wtf? The market doesn't lie. Signal was max bearish and the selling started but it was aggressively bought. I am not nostradamus like many here, just a humble trader and i was wrong. I find no shame in being wrong. Its all part of the process. surf