I never understand shorts... Why?

"US coronavirus: More than 6,000 are dead as NY governor to sign executive order to redistribute medical supplies "

So long as USA continues to increases deaths, markets will drop, more deaths equals less business taking place and more restrictions of people being able to buy or work. When stats start flattening out, market might have continued violent moves both ways, but geared to upside. Least that is how I believe it should happen. Grains, Meats and Softs should follow. Financials and Dollar should go down.

Energies may have bottomed.

https://www.msn.com/en-us/news/us/u...-medical-supplies/ar-BB126TGU?ocid=spartanntp

http://www-stat.wharton.upenn.edu/~steele/Pandemic/Resources/FidelityPandemic.pdf
 
Trust me, there is a reason why shorts exist. When things get too hot, it's time for shorts. This pic should help you to understand . . .
daisy_dukes_hot_10.jpg
 
I'm a professional and solely use technical analysis & price action. I'm an award winning TASC author and industry expert

I'm putting some finishing touches on my S&P strategy.

It's looking like...

TP = 0.8%
SL = 10%

This is 10x leveraged so you will win 8% of trade value, and lose 100% on losses. You don't reinvest winnings.
 
This is a joke, right?

The market (any market!) moves up AND down. Why limit yourself to making (losing?!) money only part of the time?

Not only that... the market DOESNT move the majority of the time... opening even MORE profit opportunities. These dudes with linear minds, only going long or ONLY doing something, unfortunately limiting their opportunity cost. That's too bad.
 
I keep it simple... if it goes down I sell, if it goes up I buy.

I always used to try and bottomfish and it usually ends badly. Heck I still do, lost a bit recently trying to buy oil bounce like UWT.

It's super tempting to buy what looks cheap, but like picking up hotties in nightclubs it usually ends badly lol


Nice analogy, but on the buy and sell, at what point do you consider it going up and you buy and vice versa
 
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