Today is Thanksgiving, and the US stock market is closed tonight. On this holiday, we should always be grateful to our highly leveraged counterparties.
Highly leveraged long positions steal money from low-leverage long positions to feed short positions.
Highly leveraged short positions steal money from low-leverage short positions to feed long positions.
Let us thank our counterparties; without them, the market wouldn't operate so smoothly. Only positions that require liquidation or stop-loss orders are truly closed.
This is the law of futures contract operation.
#KnowledgeWins
