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People think that shorting is an easy way of getting rich when you think a stock will go down, but even if you know it will, getting the timing wrong on it is c
by dietr1ch 2mo ago
People think that shorting is an easy way of getting rich when you think a stock will go down, but even if you know it will, getting the timing wrong on it is catastrophic as you'll get unbounded loses while the market fails to correct the issues you are betting against
- allendoerfer 2mo ago"I may have been early, but I am not wrong!" "It's the same thing, Michael! It's the same thing!"
- Sohcahtoa82 2mo agoAs the saying goes...the market can remain irrational longer than you can remain solvent.
- Der_Einzige 2mo agoPeople who talk shit about stocks are talking shit about stocks at a particular time. "Oh no, when you apply scrutiny to my bullshit I get punished! That means the game is wrong!"
- Aditya_Garg 2mo agoOP is blatantly overconfident on his "prediction", so I called him out. Looks like I struck a nerve with some people.
- deleted 2mo ago[deleted]
- Mawr 2mo agoNo, you just don't understand what shorting is.
- Aditya_Garg 2mo agoFeel free to explain it to me
- m4rtink 2mo agoI'm still not sure how shorting is even legal or what useful purpose it serves in the stock market. Wasn't the whole idea that people can invest arbitrary amounts to companies by buying their stock, making investing more efficient? How the hell did we get from that to people using it for outright gambling with shorting ??