InvestorsHub Logo

whosjohngalt

06/10/20 1:46 PM

#1315 RE: Whitebread15 #1302

be careful

until you have some experience and are more confident in trading. Downside to being long is 100 percent worst case possible, downside to shorting is infinite if you make a bad call.
You need margin cash and leverage to short, and your broker will call you in if you make a mistake.

FatStrat

06/10/20 2:18 PM

#1316 RE: Whitebread15 #1302

Yeah, what whoisjohn said. Read up some more and learn.

You short 1000 at $5 and it goes to $0 you make $5000. All you can make is a double.

You short 1000 at $5 and you’re at work and some amazing merger news comes out and it goes to $100? Eee, pobrecito!