Chartered Market Technician, Stock Market Trader, Author of Technical Analysis Using Multiple Timeframes, http://t.co/ESFC3VpuMR
2270 days ago
risks of selling short $$
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thats why these rules are weak, not detailed enough & they dont even consider what I just "covered" no pun intended
who's left to sell? people that chase and s/s the stock when its down trended large % already.
up too much, if you can pick the top, short sell it, scalp the pop. dont chase period, but scalp it
some of the sharpest declines occur in downtrends. speculation creates trends, not just news.
@Miles Not sure these are rules. More like guidelines. Humans can use guidelines, algos need rules
these rules are weak, selling short is essential and should be done cautiously.
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