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

submitted 2 months 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 1 points 1 month ago

Not so fast, lemming. My bet got back to profit, theoretically I can close it now. I am waiting, though. If things go awry, I can always close at a small loss when my stop-loss is reached. Never do naked bets.