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Documentary "My Story with the Market Maker" Episode 1
In the evening, I told the banker's brother that I would make another long order, and if it didn't work, I would return the long order I made in the afternoon to you. He told me that you are quite polite and polite, and I said that I can't always take it from you. He replied that it was okay, these were all sent by short-sellers, and that they would go down in the evening to attract others to short-sell. Let those who are long and short just cut meat and increase their positions. He said that the plan that had been brewing for a long time cultivated the habit of shorting, and at this time, a large number of people shorted between 1930 and 1970, and he made a lot of profits. On the contrary, there are very few people who go long, so I feel at ease to go long. Before leaving, he also told me to rest assured to be long, not too greedy, just take profit in time.
He said his plan is like this: in the previous few dips, he rebounded slightly, and after three times everyone would get used to shorting at highs. This time, he is going to consolidate at this position to allow more people to short. Later, he plans to consolidate at every position for a while, getting higher and higher, and as more people short, he will generate more profit.
Anyway, I don't know what his plan is like, so I'll just listen. What about you, you can just take a look.