I guess I can introduce stop-loss and other cautionary measures to prevent snowballing loss, but shorting is shorting… Wonder if I could resist the urge.
I guess I can introduce stop-loss and other cautionary measures to prevent snowballing loss, but shorting is shorting… Wonder if I could resist the urge.
Just to add some more words of caution, when you buy an investment, you can potentially lose up to 100% of your principal, and there is no limit on the amount of money you can gain. When you short an investment, you can lose more than 100% of your principal, and are limited on your gains if the price goes to $0.
Yeah, this is exactly why stop-loss exists, and you should ideally open and close shorts pretty quickly.