Except, they do not settle for paltry gains. The retail amateur traders do that. I do not see any indication that the big boys are anywhere close to bailing out. Trend is up and they can run this up even higher if they wish. It is the shorts who have a lot to fear when they go against the trend. You are gambling against the percentages when big boys are obviously, driving stock prices higher.
Be careful today- could be a big reversal to the down
- Thread starter derektrader
- Start date
Except, they do not settle for paltry gains. The retail amateur traders do that. I do not see any indication that the big boys are anywhere close to bailing out. Trend is up and they can run this up even higher if they wish. It is the shorts who have a lot to fear when they go against the trend. You are gambling against the percentages when big boys are obviously, driving stock prices higher.
And ugly girls get dates over time.
Nothing wrong with locking in gains here and keeping your powder dry. If Apple and Tesla didnt announce stock splits, we would be heading down already.
thats a logical argument buddy. I hear you on that. However, we had an incredible run up against all odds and the big boys know rough waters are ahead.
Care to give a reason why today?
Rough waters may well be ahead, and though from my perspective the market is getting distributed into right now, that does not mean that it'll fall to any substantial degree in the next few months.
Probably we should follow @maxinger, and trade as usual. If you believe that the market will crash, then bias short, but don't bet the whole boat. Instead give your short trades 50% extra run time, with a break even stop.
Nothing you say explains why now. I only read "feelings" and a lot of statements with behaviorial biases.
Stock splits don't matter. It is accounting 101. If you short and lose money, don't blame it on stock splits. Thank you.
You can't break even on short if you are red the second you short.