I know I could get blasted for this but long term shorts on the guppy seem to be, IMHO, rather counterproductive. The thing moves so fast that if you get stuck with it the carry will kill you. I've done it.
Short term scalp shorts, fine. I was up late one night and she took one of those torpedo dives down that we are all so familiar with. I was sleepy and possibly a bit drunk and popped 10 standard lots on her (a demo account my friends) and made $10,000 in about five minutes.
But to hold a long term short...yes, you've got to know what you are doing. I know many of you out there are MUCH more savvy than I with the chart reading etc. And yes, setting support alarms and getting out with the fillet is certainly doable. But shorting the guppy now after participating in this forum seems sacrilegious to me. Elijah says singleness of mind and purpose is required. I really do agree with this and it may seem overly "woo woo" to some of you I think when the mind is confused and in conflict decisions made are not clear. This system relies on a "singleness of mind and purpose" when it comes to the direction of the trade...other systems do not. I would rather keep my intentions clear and go forth in the world with single purpose.
But short if you must, little sheep, reap what you sow...
