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[Metastockusers] Re: short sell



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Buy puts.


--- In Metastockusers@xxxxxxxxxxxxxxx, "edwinncw" <edwinncw@xxxx> wrote:
> 
> Thank Martin and Andrew for your valuable comment. I will try to 
> explore the method proposed by Martin to gain some confidence level 
> and determinate again whether the short sell is suitable for me. 
> 
> Edwin
> 
> --- In Metastockusers@xxxxxxxxxxxxxxx, "Andrew Tomlinson" 
> <andrew_tomlinson@xxxx> wrote:
> > 
> > The issues around selling short are not indicator issues - they are
> > execution issues. You're going to have to know how good your 
> broker is at
> > locating shares to borrow, whether they will pay you interest on 
> the money
> > you're going to be lending them and whether your back-testing took 
> into
> > account extra slippage due to the uptick rule. Then you're going 
> to have to
> > see if your broker's account screens and margin systems can even 
> cope with
> > short sales in a comprehensible manner. Are you going to be able 
> to react
> > quickly when your broker cancels your position because they ran 
> out of
> > borrow?
> > 
> > Check short interest ratios before you even think about it. And do 
> remember
> > while you're at it that while losses on a long position are a 
> maximum of
> > 100%, you can lose much more than that on a short - a stop isn't 
> going to
> > help you if the company gets bought out at a big premium. So your 
> position
> > sizing model may need fine-tuning.
> > 
> > Markets behave differently on the downside - they move down faster 
> with
> > vicious bull retracements. It's a hairy ride. Oh, and by the way, 
> tax regs
> > are against you all the way.
> > 
> > Shorting is like options - you need to be very sure you know what 
> you're
> > doing before you start - and the learning materials out there are 
> much
> > better for options than shorting - there's no Shorting Industry 
> Council to
> > hold your hand!
> > 
> > If you just want to get a feel for that side of the market, 
> consider the
> > Ursa or Arktos mutual funds. If Prechter is right and we've just 
> finished
> > wave 2 of a big cycle ride, then a long term short will bring 
> stability to
> > your portfolio for sure.
> > 
> > Andrew
> > 
> > 
> > -----Original Message-----
> > From: edwinncw [mailto:edwinncw@x...] 
> > Sent: Wednesday, March 30, 2005 6:02 PM
> > To: Metastockusers@xxxxxxxxxxxxxxx
> > Subject: [Metastockusers] Re: short sell
> > 
> > 
> > 
> > 
> > Hi
> > 
> > Thank for your comment and recommendation on Roys newsletter and 
> > system. I will try to acquire more information from him, but 
> beside 
> > that, is there any other indicator in the Metastock sutiable for 
> > this?
> > 
> > thank
> > edwin
> > 
> > 
> > --- In Metastockusers@xxxxxxxxxxxxxxx, "superfragalist" 
> > <jackolso@xxxx> wrote:
> > > 
> > > Edwin, no offense intended, but based on your question you're not
> > even
> > > close to being ready to short stocks. Shorting takes more skill
> > than
> > > going long and the risks are much higher.
> > > 
> > > A moving average or two is all you need, if you know what you're
> > doing. 
> > > 
> > > I strongly recommend you buy Roy's newsletter. Read all the back 
> > > issues and the April issue. Setup the SPY and QQQQ trading 
> system 
> > > that's written about in MSTT and practice on those two stocks. If
> > you
> > > get good at going long and short on those two, then you can 
> apply a 
> > > similar trading approach to other stocks.
> > > 
> > > www.metastocktips.co.nz
> > > 
> > > 
> > > 
> > > --- In Metastockusers@xxxxxxxxxxxxxxx, "edwinncw" <edwinncw@xxxx>
> > wrote:
> > > > 
> > > > Hi
> > > > 
> > > > I am interested in short selling the stock. Can someone
> > recommend me 
> > > > any indicator or formula are suitable for this purpose.
> > > > 
> > > > Thank
> > > > edwin
> > 
> > 
> > 
> > 
> > 
> > 
> >  
> > Yahoo! Groups Links





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