Exiting a short position at a higher price for profit??? How absurd!!!!
It is not a matter of if, it is a matter of when. If you have the buying power to stay the trade, you will be correct. The name of the game is managing the position to allow the staying power to run the course of the trade. The primary thing which runs against you in keeping staying power is delta errosion. Delta errosion is directly affected by theta, the time greek.... if you are pushing you buying power to buy time, of course, delta errosion due to time will be your largest enemy.
