I should emphasize that as it relates to short-selling, risk management is not just about having stop-loss rules; another major and critical component is knowing when to take profits and how to “work” the short side of a stock as it breaks and rallies, breaks and rallies, several times during a longer-term price breakdown. This is what puts the robust in robust risk management!
- CHAPTER 2: Short-Selling Essentials
- from Short-Selling with the O'Neil Disciples: Turn to the Dark Side of Trading
- Publisher: John Wiley & Sons
- Released: April 2015
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