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To: RocketMan who wrote (3411)5/27/1998 7:37:00 AM
From: Devil's Advocate  Read Replies (2) | Respond to of 11850
 
I don't understand why people short stocks. It looks like a losing strategy to me. Limited upside and unlimited downside. Can you imagine Warren Buffet shorting stocks?



To: RocketMan who wrote (3411)5/27/1998 7:43:00 AM
From: Tim Luke  Respond to of 11850
 
Characteristics of Losing Traders:

* Money is key.

* Trader has a narrow focus in the market and in his or her personal life.

* Trader is inconsistent in approach and methodology.

* Trader refuses to accept responsibility for actions (e.g., blames bad fills, market conditions, ect. instead of himself or herself ).

* Trader operates in conflict.

* Trader has a negative attitude.

* Trader is a perfectionist.

* Trader is dictated by emotion.

* Trader is indecisive.

* Trader is stubborn, closed-minded.