Monday, July 18, 2005

Market Commentary Will Be Later

New Swing Longs: FPU NWY WHR LH APT

New Swing Shorts: CDWC VRSN GDT HHS C EYET

Swing Longs Perfoming Well Today: IPII GERN BDCO DSTI ANGO CPTV CWTR CIB OIIM AWA EMKR IDIX LMS BSMD

Swing Shorts Perfoming Well Today: BAC DGII

3 comments:

Anonymous said...

Josh,

Do you know which online trading broker has the best selection of shares to short?


I am using scottrade and having hardtime to short shares here and there.

Joshua "MauiTrader" Hayes said...

Scottrade sucks, at shorting.

You should contact every broker and ask them how they are at shorting stocks. Normally, I suggest, a realtime broker for shorting cause you want to be able to have a lot of control.

But, If you are a new investor/trader you should nto be concentrating on the short side. The long side is where the big gains are made. Most newbies can not short. It is something that takes time to do well, due to all the rallies that occur when a stock is going down.

My suggestion: Dont short until you can prove you can make money going long first.

Anonymous said...

Thanks for the tip.

Yea i know about the rallies when coming up, pretty much short squeezes , thats where I look for to short when for a falling stock. I like finding stocks that are pumped up for stupid shit like wpte was the biggest one I have seen to date. I missed out on huge plays on the shorting side the past 2 weeks and not too happy about it.

wpte short at 29
ctty-17
olgr-17

I was thinking about getting another account with ameritrade. Just wondering if anyone get invoice their opinion on them with shorting stocks.

Thanks