Quote:
Originally Posted by PussyMan
Been buying lots of cheap financials stocks.
When they go back up, I should be happy...
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That is what 90% of the market thinks and is the reason why most people lose money. The other 10% sell overpriced stocks short and buy them back when they tank. It is easier to make money shorting than it is going long. I know some traders who ONLY short and NEVER go long. They never hold stocks overnight though (you pay interest when you short because you are basically borrowing from your broker).