[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 67 KB, 738x467, wsb.jpg [View same] [iqdb] [saucenao] [google]
20781919 No.20781919 [Reply] [Original]

are people really doing this?

>> No.20781980
File: 25 KB, 474x411, racism.jpg [View same] [iqdb] [saucenao] [google]
20781980

>>20781919
Yes...they back it up with pics too.
Now WHY they post the mega-losses I'll never know. I go there every once in a while for a sensible chuckle.

>> No.20782043

>>20781919
Bears. Not even once.
What is the point of shorting? You can only do a double in extreme cases. You can't triple and 20x it.

God bobos are so stupid. Pessimistic people never win.

>> No.20782110

>>20781980
>>20782043
maybe attention and karma is worth it for them?

>> No.20782128

>>20782043
if i short something at 100$ and it reaches 1$ thats a 99x what are you talking about

>> No.20782181

redditors aren't really people, so no

>> No.20782198

who in there right mind short gold lol

>> No.20782208
File: 29 KB, 543x443, 1563991510635.jpg [View same] [iqdb] [saucenao] [google]
20782208

>>20782128

>> No.20782261

>>20782128
True, but have you found something to short with that kind of certainty? If it was that easy everyone would be doing it

>> No.20782425

>>20782128
Retard

>> No.20782532
File: 101 KB, 808x1039, 89460593-B75F-4F37-AA92-40EE8C1598E9.jpg [View same] [iqdb] [saucenao] [google]
20782532

>>20782261
Yes. Glad you asked. It’s called chainlink

>> No.20782654

>>20782128
>sell share for $100
>Rebuy at $1
>somehow made $9900 profit
Im not sure you understand how shorting works

>> No.20782866

>>20781919
Only ESL retards

>> No.20783095
File: 77 KB, 1024x576, 5B83CFA0-8253-4BAE-ADF8-BC074E3CE950.jpg [View same] [iqdb] [saucenao] [google]
20783095

>>20782654
No he doesn’t understand math thank Common Core jews for fucking up zoomers

>> No.20783208

>>20782043
are you retarded?
you can make just as much money shorting as you do longing. Learn how percentages work

>> No.20783236

>>20782128
Retard here, what is the percentage of gains you actually make in this scenario?

>> No.20783299

>>20782043
Hubris.

>> No.20783394

>>20782043
its like the retards on bitmex who want to short btc to $0 only to get paid out in btc....

>> No.20783453

>>20783236
A short is when you borrow a stock, sell it, and then buy it back cheaper. You pocket the difference.
In that example, you would make $99 for every $100 you put into the trade.

>> No.20783531

>>20782043
>implying you can only short with 2x leverage
I made 33k from 4k by shorting Ethereum this March. That's nearly a 10x for something that was obvious at the time (/pol/ doomposted about coronachan instead of calling it a hoax back then and I bought into the meme)

>> No.20783562

>>20781919
holy shit imagine if that was a long

>> No.20783605

>>20782043
Do you make more money selling at 20k and buying at 3k or buying at 3k and selling at 20k?

>> No.20783917

>>20781980
>Now WHY they post the mega-losses I'll never know.
it's like findom but it's masochism

>> No.20783981

>>20783605
yes

>> No.20784040

>>20782043
>what is leverage