I have been short indexes for six years straight. I was a rookie investor and started reading the news and every twenty articles I read everyday claimed the market was about to plummet. So, I got smart and learned how to short the market. Every day since, for the last six years, I have read twenty articles claiming the market crash is imminent. I have NEVER in 2,200 days reading a total of 49,000 articles read an article that claimed that the market would do well. For some reason, I just kept believing that if I could wait long enough, one of the 49,000 articles would be right. That is when I started learning of contango, decay, tracking errors, and standard deviation. After that is when I learned that even if the market corrected and went down 90%, I could no longer break even because I have been shorting for six years. I actually hate Trump because they are using him as the king pawn to promote fear now. I thought if Trump was elected, everybody would think he was a smart, rich business man and the news would say the market is about to go up TONS! That is why I held my shorts, because I thought that is what would happen. But, instead, the media started saying everybody hates Trump and his businesses are bankrupt. Meanwhile, in the next page, they were still saying the market was going to crash over again for the 49,000th time. This is getting out of hand and crazy. Trump is the only one that admits the fake news, but he is part of the conspiracy to drive markets higher. Nobody feels sorry for me. Plus, nobody will admit I am right, and millions of articles are still released everyday claiming the market will crash. How can they keep printing this nonsense when they are already to far in the hole to break even?
Greetings @unscammable, sorry to hear the shorting has not done well for you.
Timing is everything, but with manipulation/Regulation they/the bankers can do anything.
Patience is my advise by Spring time the collapse will have happened and can make us rich.
I like Putin and the BRICS.
What is unfortunate is I need a stock market drop of 90% just to break even. So even if the market crashes in the Spring, I need DOW to go down from 21,500 to 1,590 just to break even because of decay and contango. So I need a huge crash to break even. I wish you knew Putin's phone number because a 90% crash has never happened in history. Do you think the DOW can drop to 1,590 so that I can break even? I started shorting six years ago.
I have been short indexes for six years straight. I was a rookie investor and started reading the news and every twenty articles I read everyday claimed the market was about to plummet. So, I got smart and learned how to short the market. Every day since, for the last six years, I have read twenty articles claiming the market crash is imminent. I have NEVER in 2,200 days reading a total of 49,000 articles read an article that claimed that the market would do well. For some reason, I just kept believing that if I could wait long enough, one of the 49,000 articles would be right. That is when I started learning of contango, decay, tracking errors, and standard deviation. After that is when I learned that even if the market corrected and went down 90%, I could no longer break even because I have been shorting for six years. I actually hate Trump because they are using him as the king pawn to promote fear now. I thought if Trump was elected, everybody would think he was a smart, rich business man and the news would say the market is about to go up TONS! That is why I held my shorts, because I thought that is what would happen. But, instead, the media started saying everybody hates Trump and his businesses are bankrupt. Meanwhile, in the next page, they were still saying the market was going to crash over again for the 49,000th time. This is getting out of hand and crazy. Trump is the only one that admits the fake news, but he is part of the conspiracy to drive markets higher. Nobody feels sorry for me. Plus, nobody will admit I am right, and millions of articles are still released everyday claiming the market will crash. How can they keep printing this nonsense when they are already to far in the hole to break even?
Greetings @unscammable, sorry to hear the shorting has not done well for you.
Timing is everything, but with manipulation/Regulation they/the bankers can do anything.
Patience is my advise by Spring time the collapse will have happened and can make us rich.
I like Putin and the BRICS.
What is unfortunate is I need a stock market drop of 90% just to break even. So even if the market crashes in the Spring, I need DOW to go down from 21,500 to 1,590 just to break even because of decay and contango. So I need a huge crash to break even. I wish you knew Putin's phone number because a 90% crash has never happened in history. Do you think the DOW can drop to 1,590 so that I can break even? I started shorting six years ago.
I think you might have missed your dips to sell on over the last 6 years my friend.
Wish I could tell you how low the DOW goes when the crash happens.