I understand completely all the points that you - and everyone else have made against being long and short at the same time.
No, you do not, otherwise you wouldn't say things like...
...I am willing to entertain the idea that there may be occasions when the pros outweigh the cons.
Because there aren't any. Zip, nada, none. However much you want to believe otherwise, the mechanics of putting the trades on mean there are no possible advantages to doing it. It has been explained in this thread why that is the case. They have just gone over your head.
We're not talking about something subjective here, like whether TA is worthwhile or guff, we're talking about maths, and in maths, there is a right and a wrong. In this instance, I am right, and you are wrong.
I'm sure that Atilla, barjon and all the other members who believe the approach may be of merit also understand equally well the reasons for not doing it.
I am of the opinion that both of those members are of limited intelligence, and like you, do not understand the argument that has been presented to them.
The difference is that you wish to impose your belief that there can never be any circumstances, ever, under which it might be a valid approach.
Aside from the example Shakone gave (which is a slightly different kettle of fish, because the trade with one broker is not fungible with another broker),
there are no circumstances under which this strategy will yield any upside or potential thereof. Like I said, it's just maths.
You have no right to do that, not least because there are members who have demonstrated throughout this thread that, on occasions - for them, it is indeed the right approach. If someone is able utilise this - or any other approach - in a way that they are happy with and produces a profit for them, then who are you to tell them not to do it?
On the contrary, I feel obliged to correct them, because they are deceiving themselves and do not fully understand the implications of their actions. I have not seen one argument for holding opposing positions with the same broker that holds any water. If you don't like it, that's tough. 2 + 2 will never equal 5, no matter how hard you try. It really is that simple.
Well, the only bull**** on this thread that I'm aware of is the abuse and frankly appalling attitude that you and one or two others have displayed towards me and those of us who have the temerity to express a view that you don’t happen to agree with. If you can't discuss a topic in a civilised way without resorting to childish name calling - you have no place on this forum.
What galls me is that you have two senior members of the forum (you and Barjon), supposedly tasked with shepherding it in the right direction, spouting utter drivel that is fundamentally at odds with a true assessment of the reality. It is baffling. Sit down with a pencil and paper (or better, excel), and work through teh transactions you are suggesting. There is ONLY DOWNSIDE. NO MATTER HOW HARD YOU WANT IT TO BE OTHERWISE, THERE IS ONLY DOWNSIDE.
I had a PM from a member today who wanted to ask a question on this topic but hasn't for fear of the treatment s/he will receive from the likes of you. Here are his/her exact words: "Don't want to ask on the T2W forum [i.e. this thread], can only see myself being shot down in flames." This is clear evidence that it is you that is stifling debate via your bullying and aggressive behaviour. You are preventing members from discussing a topic they want to discuss. This is completely unacceptable behaviour IMO, and totally at odds with the ethos of the site and whole the raison d’être of the forum.
Tim.
I mentioned earier on in the thread that if someone new to trading (or to the forum) expressed curiosity then - in all liklihood someone else - would gently guide them back onto the proper path. If someone who has been trading for a while still cannot grasp the concepts being discussed here, then more fool them. This is not rocket engineering.
