28-03-2024, 08:44 PM
(28-03-2024, 08:40 PM)sgbuffett Wrote: Since j started this thread people have been saying j keep getting it wrong by shorting the market as it goes down.
How is it the HSI was 20K and now 16.5K?
I only make short trades as the long term trend is down
Yes occasionally does move against me but eventually end up lower than where i shorted.
I think people have selective amnesia...last week HSI was 16750 now it is still low despite temporary 1 day gains.
The chart from morning to lunch was 1 way traffic...how do you get out unscathed?
Many will get burnt if they waited too long...do you agreed?
If you managed to make some money from the morning trades, then congrats to you but this a dangerous game...no professional traders would take that risk.
How short is your shorts trades? Covered within the day?