We’re All Brilliant Traders in a Strong Uptrend

I’ve written a post on TheDomains about Dominic, a short domain investor who shared his story on NamePros and first of all, I think he deserves our respect for having the courage it takes to share his numbers in an upfront manner.

In an industry where many adopt a “mine is bigger than yours” (domain sales, of course) mentality, it’s refreshing. Most domainers love talking about their winners all day yet fail to refer to their losers as well. As such, newbies end up mostly reading blog comments or forum posts about successful domain sales. Naturally, they therefore assume making money in the domaining industry is a lot easier than it actually is.

As Dominic pointed out, trading domains (short domains, in his case) is a lot easier when the uptrend is strong, as it was during late 2015 to early 2016. If the uptrend is followed by a downtrend or sideways movement, trading becomes multiple orders of magnitude more difficult or even downright impossible.

Especially...

Read The Rest at DomainingTips.com

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