RE: Shorts14 Nov 2023 18:46
While they can get it wrong, tbh its thier job to study markets, make educated guesses etc, while we can do our best I doubt anyone here sits 9-5 studying markets and algorithms for sentiment, they are likely privvy to info pi’s dont have too. they are going to be correct more often than a pi, lets not forget emotion also comes into our own money too.
if uk cpi in the morning is not flat or decreasing, the sp is likely gonna head south and the short makes money again. tbh its just a game of cat and mouse at the minute, rather than trying to beat them im just selling the rise and buying the dip trying to increase my position for when the macro does finally subside. sold some today on a 4% rise, will buy back on a 5% dip in the morning, or sell some more on another 5% rise and wait for the rinse and repeat.
each to thier own, shorts arent going anywhere soon though imo. gla