/biz/ - Business & Finance

Brainlet here
What does shorting mean

>>8344599
Inverse head and shoulders on the left side of your pic faggot. At this point it doesn't mean shit.

>>8344644
its when you fold-in your portfolio, and bump the remainder making it "shorter"

>>8344687
yup inverse formed and I went long. From the inverse h&s, it was almost a 100% gain. So it was accurate.

I'm even more confident about this one going down then I was with the inverse h&s going up.

>>8344644
See this:>>8344689

>>8344644
basically you can invest short term or long term, and you call these investments your short or long positions. 'shorting the shit out of this' means he is going to buy now but sell in a short time instead of holding for a year or more

>>8344599
your h&s has severe scoliosis, i'm sorry but we're gonna have to put her down

>>8344828
Exactly this. Best explanation for new friends

>>8344644
It's when girls pretend to be interested in manlets just to get their hopes up. They make bets with their friends on how long they can lead a guy on without ever even kissing them.

its not legit, slanted. wrong pattern OP. regardless, we're going down.

>>8344758
It was accurate. It's supposed to roughly match the length of the head. The 100% gain you got never happened after the confirmation of the head and shoulders. Only during the head and shoulders, so you're full of shit. It was not accurate because deapite confirmation it waa a false breakout.

>>8344599
That's too slanted to be a H&S. You can also see a similar pattern in your "left shoulder" with the "right shoulder" of that pattern being formed by a 3 wave corrective pattern like the "right shoulder" in your chart, so if that pattern repeats itself we're actually near the bottom.

>>8344599

>>8344644
Read >>/biz/thread/7660931

>>8344599
its an inverse head and shoulders and then bullish flag dumbass

>>8344599
https://www.tradingview.com/chart/BTCUSD/WzOqn6FO-Trade-Like-A-Legend-Trade-Like-Magic-BITCOIN-BTC/

U r a pajeet normie, won't see under 7900 btc for a few weeks...have fun losing bitch...fTw hoes

>>8344644
Feel bad for you, so here it is. Its when you burrow an asset to sell it now with the promise to return the same amount of that asset. For example you if you short 100 shares of stock ABC at 10.00$ per share and the price goes down 1$, you've made 1$ per share.

>>8344599
entry point ?

>>8344599
double top

>>8344644
That's when you buy as much as you can quickly because the price is about to rebound and rocket to $100,000.

>>8344599
>>8346143
delete this

What is the best timeframe to look for these trends? Here you have it at 1 hour. Is that the way to go?

>>8344599
jesus the TA on this board makes me vomit. please reevaluate how you determine h+s

>>8344644
A type of bet in which you profit from a decline in price, and lose money if it goes up. True shorting can only be done right now via BTC futures contracts.
https://www.investopedia.com/terms/s/short.asp

You don't draw the trendline/neckline on a downtrend BELOW the stock, because it cannot really break out. That's not a H&S, think about it. A breakdown of the neckline (which is supposed to be the entry) on a line that is already sloping down would require basically a huge fucking red candle based on some news or some shit.