I'm bored so I'll throw this one out there - ANIX short at 4.92

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I'm bored so I'll throw this one out there - ANIX short at 4.92Anixa Biosciences, Inc.BATS:ANIXredwingcoachI mentioned the other day that I've been tinkering with a shorting method. It doesn't work with most stocks (or at least most stocks don't throw signals with it), so these are often some pretty obscure stocks. That said, it has been extremely profitable in the small sample size of testing I've been doing in real time. All of these are one day (close to close) trades, though sometimes a name will repeat on consecutive days if it generates a signal. So far, in 42 live paper trades, it is 32-10 (because unlike my long method, I only hold them 1 day and will take a loss if that's how it turns out). The combined return on those 42 trades is +255% or about 6% per trade, which essentially means a 6% per day held return - approximately 140x the average daily return of the market. These super size wins do come with the risk of super size losses, however. The 10 losses have ranged between -4 and -48% in a single day, with over half of those being double digit percent losses. However, given the 3:1 ratio of winners to losers and the average win being around 15% and 23 of the 32 wins being double digit gains, you can see how this overall turns out to be a positive strategy. In addition, I have backtested it on a few dozen other names and several hundred backtested trades with similar returns. I give shorted stocks a much shorter leash than long trades, because the skew of the market is decidedly upwards AND shorting wins are theoretically capped at 100% while losses are potentially infinite. I am not using stops, however. It is simply a 1 day hold period, closing at the close of the next trading day, win or lose. Whatever the result, I hope it is entertaining. I aggressively do NOT recommend trying this on your own, as there is an approximately 1 in 4 chance of losing a ton on this trade. I have been testing this using several trades per day, so the winners can compensate for the losers, and I have still had 2 days where the combined daily return has been -22% or worse. A single trade on its own like this has a far better chance of ending badly. Please don't. This post is for entertainment value - nothing more. It has not been sufficiently tested for me to even actually trade it myself. This is purely for show. This is not financial advice, so don't take it as such. I do not recommend shorting stocks generally, and especially with as little backtesting data as this method has. Shorting carries with it the potential to lose > 100% of your money and as such, is way more dangerous than buying stocks long. Think of this as a fireworks show. Great to look at, but not a good idea for the average person to try to pull off. You have been warned.