Trend Reversals

[BigBob]

Came across this site: http://www.keydayreversal.com... They seem to have called a bundle of trend reversals very early using key day reversals. Especially considering the fall in US overnight...

On another, related note, what is the easiest way to short stocks in US? I'm discounting CFDs (been burnt by CMC) and not too keen on options

[George]

Hi BB
I have traded long and short with CMC (mostly indexes) and would eventually move to US shares if I spotted something - what happened to you with CMC?

[BigBob]

Hi BB
I have traded long and short with CMC (mostly indexes) and would eventually move to US shares if I spotted something - what happened to you with CMC?

Hi George, thanks for your reply... check the following out for my CMC experience: http://www.sharetrader.co.nz/showthr...&highlight=cmc

I'm over it now I suppose - older and wiser... :o)

[George]

Ah yes, remember that thread, made a comment which was incorrect, that HK index had a minimum size of 10 contracts when it is only 1 - same for Nikkei. So, in NZ dollars you only lose a small amount even with a big move against you - great for learning live. With stocks incl. US, can still trade just one share or 10 or 100 so how can one get into too much trouble with CFD's if they watch that leverage. And don't use stops. Size can be your risk control.