DAYTRADING Fundamentals Message Board

To: Dan Clark who wrote (7991)	4/24/2000 11:08:00 PM
From: sim chambers	Read Replies (1) of 18131

dan, i agree with your thoughts on having the bias of going long only. it does tempt me to take long trades that i shouldnt. in this environment, there is no doubt that shorting has been high probability stuff. i have started shorting a little. my problem is that my results have been phenomenal, and if i change the variables too much i may destroy my results. however, as a trader i need to continually modify my technique. so bottom line is i do not know if this change in variables (do some shorting) and brain programming will be positive or negative. (it should be positive if i am good) there are many ways to look at it. time frame, average win %, market backdrop, and so many other trading variables come into play. trading correctly and getting great results is about intense concentration (at least for me). concentrating on only the long side allows me to perfect that as finely as possible. i do agree that i need shorting in my arsenal i have traded off and on for 10 years. my knowledge of stocks and the market in general is excellent, as the market is my passion. i have subsribed to IBD since 1990 etc. i think this is where my current success comes from. i only hope i can continue to make $