Don't Traders Know How To Short Markets?

Enjoyed the memoir.

Quote from Joovenile Jatt:

Borsellino is a famous bear in the pit. He's meant to have done pretty well and 'they' didn't do nothing to him. And who are 'they'meant to be anyhow?
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Quote from Petsamo:

a) The general public don't know they can make money shorting the market.
b) The leftist anti-capitalist Marxist media want to show the world how bad free markets are.
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Totally free markets are bad and will destroy capitalism! They lead to monopolies and cartels and destroy free competition. The mainstream media in the US is not a tool of "anti-capitalist Marxists", it is a tool of capitalists. Do you think Bill Gates and Rupert Murdock are Marxists, for god's sake???
 
Quote from cubsguy81:

Why are there so many photos on the WSJ and Marketwatch of traders on the floor or on desks looking depressed at the market on big down days like today.

Don't they know how to short or go long ETFs that have a short bias and make money?
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I think you bring up a good point. My answer is:

1. Most traders/investors are still mostly long. So they can get out of the way by selling, but not necessery profit from it.

2. It is considered bad etiquette to smile about your profits when most of your fellow traders are losing money...
 
LOL, those guy on the floors are not thinking about shorts? Remember this is a job for that guy. If I were that guy on the floor I would be frowning from the volume I have to process. He is working his tail off.
 
good point, personally I'm trading FAZ/TZA/SMN/SRS/SDS heavily this last week, and will continue to do so .... personally I don't like holding short stock positions overnight, but I'm fine with going long the short etfs for swing trades, that's how I'll keep trading if the market keeps selling...

-ken
 
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