Question 96—The Tactics of Shorting Downtrends

Find the incorrect statement about shorting in downtrends:
1. Make a strategic decision on the weekly chart, tactical plans on the daily.
2. Shorting within a channel lowers both the risk and the rewards.
3. Shorting within a channel increases the risk of a whipsaw.
4. A single short within a channel will not catch a major move.

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