Kidding. Do what you want but shorting a highly volatile stock with extremely disruptive technology that is believed to be right at the cusp of public commercialization…
…Is the exact opposite to being conservative.
For your children’s, grandchildren’s, and likely grandchildren’s sake, I hope you’re smarter than you sound.
I know a guy that placed a $50k short bet in May/June. Covered with a $300k loss. SUCKAAAAAA LOLOL
While I an not a trader based on technical analysis, I respect it. Trying to bone up on Elliot Wave theory which I believe reflects mathematically human psychological reactions to news and lack thereof. To use that to your advantage does not w a rant an apology. It is similar to taking profits in increased percentages on the way up, and a purchase program on pullbacks...toveach his own but everyone would like to be on house money.