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FFVII_REMAKE 08/10/19 2:11:26 AM #1: |
I thought people only made money from stocks simply by buying low then selling high or buying high then selling higher.
--- LA Clippers fan since 2019 https://i.imgtc.ws/UOwpJCI.jpg ... Copied to Clipboard!
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konokonohamaru 08/10/19 2:12:49 AM #2: |
Doesn't that require short-selling / owning options?
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berlyman101 08/10/19 2:13:06 AM #3: |
it could also devastate you if you do it wrong or get unlucky.
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FFVII_REMAKE 08/10/19 2:15:36 AM #4: |
berlyman101 posted...
it could also devastate you if you do it wrong or get unlucky. Isn't that why it's important to use stop orders when short selling? I've read some stories about people short selling and letting it go while they are asleep or go on vacation only to find out they're $100K+ in debt the next day. --- LA Clippers fan since 2019 https://i.imgtc.ws/UOwpJCI.jpg ... Copied to Clipboard!
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