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That's what I keep telling myself too. I've shorted TSLA way before Bury, and already made my peace with the losses. The truth is that if you get squeezed out
by H8crilA 5y ago
That's what I keep telling myself too. I've shorted TSLA way before Bury, and already made my peace with the losses.
The truth is that if you get squeezed out of a short you were wrong. The result is all that matters.
This kind of stuff is why most investors do not ever short anything at all (best example: Buffett & Munger), as you can be "right" and still lose. On the long side you cannot be squeezed out of a position. Traders, market makers and other "technical" participants such as HFTs - that's a different story, their use of shorting is kind of more sensible.