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Quote from stock777:

So why is it that most ET'ers get off on looking for shorts?
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Because overall, things fall faster than they rise... and in many cases (less liquid stocks), a good sale price is harder to achieve than a good buy price.
 
it depends what share size you use and if we are talking same share size in both scenarios

Short @ 150 w 1000 shares = 150k profit
Long @ 1.50 with 10,000 shares = 550k profit
 
mostly the account balances of shorts fall the fastest


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Here's another way to look at it: think of the trade as currency between LVS and USD. Then an exchange rate of 1.5 LVSUSD is means an exchange rate of 1/1.5 USDLVS which is .6667. So if you break down the trades:

1) Long USDLVS at 1/55 =.018182
Cover USDLVS at 1/1.5 =.666667

=648480 pips

2) Long LVSUSD at 1.5000
cover LVSUSD at 150.0000

=1495000 pips

Okay, you still have to convert into bang for buck, but you see my point, a short can be converted into a long.
 
Whoops:

1) Long USDLVS at 1/150 =.006667
Cover USDLVS at 1/1.5 =.6666667

=660000 pips

2) Long LVSUSD at 1.5000
cover LVSUSD at 55.0000

=535000 pips

The short is better if you are trading currency.
 
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