043: Jon Boorman – Buying Stocks in Uptrends, Managing Risk, and Tips for Long Term Survival
Chat With Traders
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The Pros and Cons of Trend Following
I'm fairly certain this is your personal preference and not necessarily the score of thought for trend following, but why do you choose to trade long only? The short answer is because I've never found a way to make money from shorting stocks consistently. It just doesn't work that way. You have short covering rips. They rise slowly. They fall very quickly. We see that recently in the market action we've been having now. If it's a company that's in trouble, they'll suddenly announce their seeking strategic alternatives. Suddenly, they become a takeover target. Most of the most successful guys who do short - so it's not that they obviously do it well and they've made
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