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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Bear Down who wrote (37703)6/3/1999 7:58:00 PM
From: scanshift  Read Replies (4) of 122087
 
Anthony is a outstanding short seller, but Bear Down, you are becoming a hype artist. A lot of traders got burned in OMGA and some other picks of Anthony's. 79 short calls in a row is b.s. Why don't you read again Matt Tyson's post 33,022 on this thread. The other problem, is that a lot of times Anthony hypes what a piece of crap a stock is, and covers with less than a point winner. The problems there is, that the slippage getting in and getting out causes his followers to lose money. He needs to learn how to be more precise in setting an objective price, or objective time that he will be out along with a stop loss price when he calls for a short in the initial post. Scaling into shorts where one is wrong, also known as averaging out losing trades, is a technique that has caused many traders to blow out (go bust). I only believe in scaling into winners, also known as adding to a winning trade with a tight trailing stop so that you do not let a profitable trade turn into a loser.
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