this is why I short

Be careful betting on down moves. The guilt you built up in your calloused conscience can sometimes induce you to take your own life, in the end! Remember the great bear of wall street. Despite all his wisdom and excellent risk management insights, he wiped out again and again. It's bad karma to profit on everyone elses misery.

 

Your position is exposed to even greater losses if the stock continues to move against you.

 

Jesse Livermore aka The Boy Plunger. I think he had depression most of his life, but yeah he went bankrupt multiple times. I remember reading that after the rules put in by the SEC he never really regained his status as a great trader he was before 1932.

I remember reading his wife on Black Monday was very worried that they lost everything, but it turned out he had turned bearish a few months before and made the largest 1 day gain in NYSE history, at that time.

 

False statement and false logic.

 

Absolutely.

Only a fool ............. only goes long.

Meanwhile they have no problem buying a stock down on its luck.

Maybe they should wait till its profitable again otherwise that's bad juju too.

 

My problem with shorting is out of 10,000 stocks available to trade probably only half have shares available to short,and even less have puts. Or have exorbitant locate fees. Whereas all 10,000 can be bought/longed.

 

you complain about how your broker is out to screw you.

 

Shorting makes more sense than going long.

What was that stat?
80% of companies on the S&P 500 20 years ago no longer exist.

 

Barring the grammar fail... even if that were accurate (sic, not remotely) it's the result of:

M&A
Delisting
Rebalancing

 

the entire life lesson on making money ..not just in stocks, and particularly in selling and selling yourself...its to jettison your society learned, parental instilled, authority reinforced... guilt, judged self worth, option by others, external peer narrative, perceived karma by an external judging higher force.

Life lesson is learned when you follow your own guidance, your own spirit, your own knowledge and completely ignore the narrative placed upon you by those whom want to control you, profit from you, direct you toward their own agenda.

>Go to war young man and fight for your country..you will be rewarded in heaven..god will bestow vast rewards and the rich here on earth, whom you fought and died for ..will offer vast karma and bravery metals.<