this post was submitted on 03 Sep 2023
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Wallstreet Bets
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Timing is everything. It's also very hard, especially when the game is rigged.
Exactly. His macro analysis is spot on, but he is fighting the Fed.
Will he run out of margin before the Fed runs out of credibility and the dollar collapses? Impossible to know.
But the dollar collapses may be sooner than we think.
trying to time the market is errand fool. Money management is everything IMO. If you only lose 5% when you lose and win 20% when you win, you'll end up on top... eventually
Good luck determining the chances on those, especially with shorting which is entirely timing-dependent. If you only lose 5% but it's 99% of the time and you win 20% but it's 1% of the time, you still lose.