4 ms·
The max gains on shorting stock is 100% and that’s ignoring fees you have to pay which are extremely high for GME right now. Unless you plan to use 10x leverag
by hervature 6y ago
The max gains on shorting stock is 100% and that’s ignoring fees you have to pay which are extremely high for GME right now.
Unless you plan to use 10x leverage or trade options, which I doubt if you don’t trade individual stocks, you can’t 10x by shorting. On the flip side, if you shorted at $20, you would have lost your entire portfolio if you shorted with 5% of your capital.
Shorting here is trying to catch a falling knife, don’t do it.
- asdfasgasdgasdg 6y agoI definitely won't. Thank you for the correction r.e. short selling upside. If I had realized it was max 100% upside, it wouldn't have been tempting. There's not an amount I'm willing to risk on this trade that would make a mere doubling of my money worth the effort.