Agreed. For example when onenickle posted today that he should be fine today to cover his GILD short from yesterday, shortly after the opening the bell, no one with any market experience would think that - at best, if he wants to cover today he should be looking at damage control. He's going to lose money by covering today, just a question of how much he loses.
Today I bought extra AMZN long shares at first 2361 then when it dropped heavily more at 2321 which makes my average 2341 for these extra trading shares. Now it's just a matter of how much I want to make, and when I sell, that's a definite profitable trade. And that's another thing that onenickle doesn't seem to be doing, he seems to be going all in on a given stock not gradually buying in. A newbie trader will make mistakes like that not buy in segments.
It is ironic though that if I had held my little short from yesterday until today it would have done not only fine, but made even more money than it could have yesterday. The market is cruelly ironic like that sometimes - the loser of today, if held, might be tomorrow's winner.
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