DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: sim chambers who wrote (7976)	4/24/2000 6:17:00 PM
From: Dave O.	Read Replies (1) of 18137

< 2. shorting screws with your upward bias and mindset to make money going long. be careful with shorting, perhaps avoid it altogether like i do (many reasons...but primarily you have to program your brain properly to win on the long side) > Sounds like you had some great returns playing only the long side ... congrats! But avoiding the short side can greatly limit ones opportunities, especially one who is a trader. The current market is a good example with a 35% decline in the COMPX in the past 5-6 weeks. When I first started trading full time 4 years ago shorting seemed "foreign" to me so I started small, often with 100 share trades. Once you play the short side and get comfortable I feel it's no different than playing the long side although I think it (shorting) is a learned process for most people. Really just a mirror image .... buy low, sell high or sell high, buy low ... only the sequence changes. Dave

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