timing to go short, most here got it so wrong!, page-3

On balance, I still want to sell some CBA because I think it is above average value with more downside than upside, but I haven't sold so far. I also want to sell TLS but my sell orders were recently missed.

I find it much more difficult to sell at/near the maximum than buy at/near the minimum. I also think that on average you make more money being long rather than short because since I have been alive anyway the market over time has moved higher. It is also better to own without fear of a margin call or being exercised. While margin lending and options have their place, if you deal in options or a high level of margin lending you can easily get into a situation where you have to sell or buy. That is the real killer.