How to short a stock with zero risk.

This thread should be a cautionary tale for newbs who boast of their EW vodoo, while laughing at those who use stops and believe in option pricing models..

WXY has been caught going long in extended C waves, having drawdowns of 30 to 60 percent in almost every stock that reached his Fib levels..only to crater...

His latest stream of unconsciousness is claiming that being in cash is a synthetic short and the equivalent of making money...

Looks like someone had a heaping serving of humble pie..
 
wxytrader said:
Cash! Holding cash waiting for an entry is essentially a synthetic put/short position since you are making money as the stock drops...but it carries no risk to capital...no fees, no commission, no time decay.
More...
This dude's brain is like Swiss Cheese full of holes.

I'm sure somebody already brought this up but I gave up reading this silly thread, so sorry if I'm merely regurgitating.

WTF happens to your capital if the price goes against you, Mr. Dumbass?? How is that "no risk to your capital"?
 
You must log in or register to reply here.
Back
Top