Philadelphia
Experience: None
Platform: corded black telephone
Trading: ticker tape
Posts: 2,894 since Apr 2012
Thanks Given: 1,683
Thanks Received: 3,681
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yeah, Long short strategies are pretty profitable if you trade one stock long and the other short in the same sector because you can profit regardless of what the market is doing as a whole. It's good for volatile or unpredictable days but It requires a lot of capital because you're trading two positions at once and thus should position them accordingly with proper risk. It's a great technique.
R.I.P. Joseph Bach (Itchymoku), 1987-2018.
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