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< Return to FAQs |
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I would rather see our economy do well as a whole. Won't shorting stocks hurt the economy?
If you took a poll of all members I guarantee that almost everyone would rather have Bull than Bear, myself included. Everyone wants to see the economy grow. However, we are short term traders and our buying and selling is not going to effect the market direction or the economy in either direction. The long term "smart" money will always dictate the direction of the market. A "trader" selling short is not going to effect the economy. If traders controlled the market we would be at DOW 20k and NASDAQ 10k.
Traders are just along for the ride and personally I would rather ride the rapids in a boat instead of trying to swim upstream like a salmon.
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