ES Journal - 2019/2020

Status
Not open for further replies.
What's easier and more profitable, trading long or short in a bear market?


Some people just aren't comfortable shorting or like to defend there longs as that is how they made their career and they now have the money and skill to do that. For some people it isn't easier and more profitable. Just looking at a chart and seeing that it went down more than up, isn't directly related to one being easier. You'd have to assume all things are equal with all traders and that couldn't be further from the truth.
 
Downtrend already negated and reversed before today.
ES-Daily-2020-03-24.PNG

We are just at the zero level which is right around the Dec 2018 lows.
 
Some people just aren't comfortable shorting or like to defend there longs as that is how they made their career and they now have the money and skill to do that. For some people it isn't easier and more profitable. Just looking at a chart and seeing that it went down more than up, isn't directly related to one being easier. You'd have to assume all things are equal with all traders and that couldn't be further from the truth.
Except B1 is no stranger to shorting because he was a permabear prior to 2008 crash and I believe he was also heavily shorting through much of the time leading up to 2018.
 
Status
Not open for further replies.
Back
Top