Shorts losing money in $W is sad and I wish it didn’t happen. But the market is under no obligation to behave how we believe it ought to.
Markets are metagame heavy.
Even if you’re right, you can still be wrong. Not just in the short term, either. Possibly permanently.
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Replying to @LAForeverHall
Why is this sad? I guess if you were one of the shorts, it is sad for you, but it also made longs a ton of money. Also, it wasn't really that unfair. The huge increase was based on fundamentals even if it may have been overdone.
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Replying to @josh_schwa
I don't want people to lose money. This isn't a war to me. Am long BTW.
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Replying to @LAForeverHall @josh_schwa
But if you're short, usually somebody needs to lose money to make money?
Live by the sword...1 reply 0 retweets 1 like
Replying to @Sebastjombe @josh_schwa
Fair. It is a risk you're taking on. I just don't like to see people's fortunes changed for the negative.
8:57 AM - 6 May 2020
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