GOOD TRADERS FORUM

[Imott]

RETA with the short I will look for a 3 to 1 risk vs. reward which basically means I am stating I risk 30 percent to win 10 percent and I don't care.

The best part is that it doesn't even matter because it might go up past 30 percent so quick I can't sell just as it could lose 30 percent so quick that when I cover it could be down 40%.

The other good part is that if it has the same chance to go up or down 30 percent, but has this same 50/50 chance everytime, the retail short and old man short will win because while 30 percent down is good, 30 percent up adds up to less of a move than 30 percent down once the whole thing gets started with the same percentage movements everyday in one direction and then the other.