Depends on market. Commodities ~60% of the time red.(?) ******************************* Even if you find, something, like an absolute trash, no revenue, no earnings, still - market can get irrational. e.g $ASH Despite that, many retailers, might go short against solid companies. At least i did ************************************* One guy from podcast, mentioned that he and his team, has ~ 200 short positions. And they never get stoped out (almost, except when price increases 5x) But the thing is, that every single one of those, has red flags - all over the place. While, sometimes those garbage companies flies to the moon, how many retailers can identify those red flags. ,,I knOw !, it'S touChiNg reSsistanCe " Good luck with that one... ************************************ Another good one, Bill and Herbal Life. ************************************ Combining all of this, and data which shows, that 70% from my 10 000 simulated trades (Thank You Almighty that those were in sim) were shorts, thus - i never go short with real acc. Probably never will. ( bought some simulated puts on TSLA tho, guess what happened.. . ;D ) I think that short squeezes, the fees, the right of brokers and institutionals, to ask you, to give them back the stocks which you borrowed,(and ones commitment), all of this, is playing much, much bigger role in this game, than avarage retailer realizes. And it's so easy to get lost ! While picturing yourself as the hero of ,,THE BIG SHORT" (kudos to him, and still, his investors took back their funds, even after 500% per annum ?) For now i forgot about peaks and shorts, while trying to study, bottoms of solid companies... And it becomes inverted irrationality, if compering, with first example of $ASH. $CNC, (+50% in ~2 months) $IRBT (+50% in ~6 weeks) (numbers might be slightly incorrect,due porn all night/no sleep - happens)
I like your small print but you can look at anything-earnings, quality of management, technical, patterns…..but only the trend will prevail