Most of longs refuse to short in bearish market and shorts like to short in bullish environment though this trend seems to be more prominent in shorts. Why dont people change positions based on market direction?
Are we short and long addicts ?
Pls share your thoughts. Will help understanding each other
Longs and shorts alike refuse to change their position no matter what. I don't get it. The only thing I can think is people get involved emotionally and also ego is involved. That is only thing I can think of.