Structurally it’s much easier being long. It’s just the physics.
I wrote myself a memo a couple years back about how to be short. Readers digest version; buy one month puts after a huge squeeze. Wait 3 or 4 days and see if the sell off resumes. If it does, great. If not, sell the puts out for hopefully a small loss.
This has worked for me in the past. Your mileage may vary.
Structurally it’s much easier being long. It’s just the physics.
I wrote myself a memo a couple years back about how to be short. Readers digest version; buy one month puts after a huge squeeze. Wait 3 or 4 days and see if the sell off resumes. If it does, great. If not, sell the puts out for hopefully a small loss.
This has worked for me in the past. Your mileage may vary.
Structurally it’s much easier being long. It’s just the physics.
I wrote myself a memo a couple years back about how to be short. Readers digest version; buy one month puts after a huge squeeze. Wait 3 or 4 days and see if the sell off resumes. If it does, great. If not, sell the puts out for hopefully a small loss.
This has worked for me in the past. Your mileage may vary.
I think the key is "wait for the huge squeeze."
That's the part people have trouble with. It always looks like the bull market is set to resume and they get sucked back in.
I am not shorting anything unless it feels like I am the only one dumb enough to fade it.
Thanks for sharing your strategy and get out of the bathrobe! There are kids on your lawn that need yelling at.