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Re: Do you sell short too much?
Dog - good post. I think many daytraders love to make money when the market drops and love to try to call the top.
And I think the reason is easy - we all know that usually, a dropping market will make money much quicker than a rising one. So, if you are right on your trade, you can make money rather quickly on a good short. The catch of course being that if you get too short happy, as you've brought up here, it can bite you in the butt.
I'm with Tor in terms of simply trying to trade with the bulls or bears each day and not looking for trades on one side. It is my hope that if Open ECry gets connected with TraderDNA, that I can then say with statistical certainty whether I am more of a short or long trader. I would say this though - I think the shorts I take (over time) are more profitable than the long trades. That could be a reason for the short bias for traders as well. But to avoid the long trades would be a recipe for disaster.
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