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I feel like shorting nasdaq. What should I do? (sh.itjust.works)

submitted 1 week ago by someacnt@sh.itjust.works to c/personalfinance@lemmy.ml

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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.

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[–] someacnt@sh.itjust.works 2 points 1 week ago

Great points, thanks!! Dunno if it could stop my impulse, but gotta try.. Maybe options are safer, I gotta look into it.

By the way, I think there is no way other stocks would do well if the bubble ever bursts, so I believe it's better to invest in the bubble if it is not bursting - I actually have some nuclear energy stocks for this purpose. Need to sell them at some point..

It is impossible to exactly time the market, so I should hold my impulse, but I think there would be chart signals that would show that it is crashing.