The compounding is unattractive. It seems like closing the position same-day is the best move. I suppose if I believe the overall trend will be down over, let’s say, 20 sessions, it would be more advisable to ride it daily as opposed to overnighting. I feel pretty confident we are in for a summer slaughter, just tough to decide which specific issues to short as opposed to shorting a whole index. Longing some gold at the same time is a no-brainer....but the short side...decisions decisions..all part of the learning process
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.