Quote:
Originally Posted by manwiches
I'm not comfortable enough to short stocks. I understand the principle, but the risk/reward ratio seems too much for me. I'm lucky it's a Bull Market in the sectors I play in now (Biotech, Retail, Tech), but when it hits to a bear market, I'll have to readjust, or hope my paper trading strategies give me enough confidence to short.
I actually am in a couple different chat groups, that have good consensus and helpful alerts/DD. Hit me up on PM if you're interested.
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There are lots of inverse etf's you can just straight up buy if you want to access a falling market. The UVXY was a perfect set up yesterday. SPXS is a common s&p short index you can buy just like a stock. Some are weighted too so you get a bit more of an alpha move if you want it. Some of them are not good for long term holds though.