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Consider that your expensive lesson about the dangers of short-selling even when you're absolutely sure the price will go down.
by Analemma_ 10y ago
Consider that your expensive lesson about the dangers of short-selling even when you're absolutely sure the price will go down.
- dnautics 10y agowell you don't know how much he lost. It could have been say $1000. Evidentally, the contract was designed to trigger a closure of the position when it dropped out. At a 50x short, an "investment" of $1000 would have yielded $10k on today's turn of events.
- patio11 10y agoLeverage and position sizing, not short selling. People with the exact opposite trade also got blown out today.