most of the humans are right handed.....similarly, most of the traders are bull-handed....they shou;ld realize that it doesn't matter whether it is upside or downside...they should overcome fear of shorting.....shorting is long trade on the down side!!! i never short....i buy puts..."BUY"....this is how i conquered fear of shorting many years ago....i recall i wrote an article on this (which must be there somewhere buried deep in my blog). up or down...i only buy!!!
i am often surprised on seeing traders waiting for down rallies to be over to buy.....especially when they are perfectly comfortable with calls as well as puts....why don't t hey buy puts rather than waiting? psychologists say this is similar to the fear of heights....fear of falling....nobody fears climbing.....perhaps it is because we have eyes in front and not at the back...we fear back just like we fear the unknown and the dark.....not buying downside options (or letting go the falls) is like wasting 50% of the opportunities straight away!!!.......
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