4 ms·

options are a whole different ball game. You can short shares but I'm guessing that wasn't an option?

• FreakLegion 4y ago
  Actual short-selling has unlimited downside. You can hedge around that of course, but why bother when there's a route that limits downside in the first place?
  • leobg 4y ago
    Well, options have the added risk that they'll just expire. With options, you've got to get lucky about your timing even more so than when shorting. Anyway. Nietzsche had a saying. Which is, "Where you cannot love there you shall pass by." Why try to make money by betting against a company when you can just find a different company to bet on instead?
    • FreakLegion 4y ago
      > betting against a company I wouldn't have been betting against Tesla; I would've been betting on a frothy market coming to its senses. Shorting isn't per se a bet against a company, just a prediction that a number will go down. Why it goes down may and often does have nothing much to do with the company. This is also true when the number goes up. Anyway, that's a saying of Zarathustra's, not Nietzsche's. Author and character are not the same. Deleuze had a saying: "Good destruction requires love."
      • leobg 4y ago
        Ha. A fellow Zarathustra reader! Nice.
  • jterrys 4y ago
    Because you have a magical thing called a stop loss? Options involve an entirely different slew of variables that require way more complex thinking to take advantage of successfully.