okay so why is shorting unfair for mum and dad retail
well the behaviour as outlined by whytee can be the problem
and with our inspector clouseau of a policeman (ASIC) the chances of getting caught or punished are minimal
but beyond that their are two big problems that I see for retail in this knife fight
firstly it is time line
retail generally has a shorter time frame on an investment - there are bills to pay, mortgages to meet etc-
whereas the short funds can wait several years to recoup their investments - put simply they can wait you out
it is a bit like playing competition chess .. only instead of 2 hours you have1 month to make your moves, and your opponent has 2 years ... guess who wins
oddly enough I won many a game of high school competition chess using this tactic of waiting out my opponent
secondly the stockmarket as whytee has already alluded to investing in the market is a bit like going to the casino
so you (retail) sit down a the poker table with your kitty of $10,000 while the guy next to you (short fund) has a kitty of $1,000,000 ...
guess who gets cleaned out ...
and to make the fight even more uneven you don't get to know the size of the short funds bet until 5 days after it has happened
meaning you can never know if a sudden downturn in the SP is a real market reappraisal or actually just an all in action by the short fund ...
sadly by the time you find out it was a fake move your stops have been hit and you are cleaned out and out the door
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